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학술연구/단체지원/교육 등 연구자 활동을 지속하도록 DBpia가 지원하고 있어요.
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연구자들이 자신의 연구와 전문성을 널리 알리고, 새로운 협력의 기회를 만들 수 있는 네트워킹 공간이에요.
논문 기본 정보
- 자료유형
- 학술저널
- 저자정보
- 발행연도
- 2012.1
- 수록면
- 203 - 221 (19page)
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This paper proposes a model which makes an attempt to incorporate heterogeneous labor and imperfect information in the theory of sequential and circular migration of labor. An attempt has been made in this paper to capture the individual's migration decision and behavior based upon maximizing expected utility of terminal wealth. Here, the individuals are considered to be heterogeneous in terms of their human capital endowment. The incentive to make the initial move is determined by a solution to a stochastic control problem. The reason for posing migration as a stochastic control problem is that the outcome of the migration is uncertain. The result of this stochastic control problem has been extended to adaptive control processes of a learning sort. Circular migration occurs via a continuous process of evaluation and reevaluation of labor market conditions in different regions. The model presented in this paper provides a mechanism which allows us to identify certain decision rules regarding the process of sequential and circular migration. The model provides a theory which can extensively explain the mechanism of sequential and circular migration under a stochastic framework.
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참고문헌 (19)
참고문헌 신청
Allen, J / 1979 / Information and subsequent migration: Further analysis and additional evidence / Southern Journal of Economics 45 : 1274 ~ 1284
Bellemare, C / 2007 / The role of the target saving motive in guest worker migration: A theoretical study / The European Economic Review 52 : 553 ~ 576
Berninghaus, S. / 1993 / The role of the target saving motive in guest worker migration: A theoretical study / The Jour- nal of Economic Dynamics and Control 17 : 181 ~ 205
Cole, W.E. / 1985 / Internal migration and urban employ- ment in the third world / American Economic Review 75 : 481 ~ 494
Djajic, S. / 1988 / A general equilibrium model of Guest- worker migration / Journal of International Economics 25 : 335 ~ 351
Bellemare, C / 2007 / The role of the target saving motive in guest worker migration: A theoretical study / The European Economic Review 52 : 553 ~ 576
Berninghaus, S. / 1993 / The role of the target saving motive in guest worker migration: A theoretical study / The Jour- nal of Economic Dynamics and Control 17 : 181 ~ 205
Cole, W.E. / 1985 / Internal migration and urban employ- ment in the third world / American Economic Review 75 : 481 ~ 494
Djajic, S. / 1988 / A general equilibrium model of Guest- worker migration / Journal of International Economics 25 : 335 ~ 351
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