ECN 110B University of California Davis International Immigrant Discussion

Question Description

I’m working on a international economics question and need a sample draft to help me study.

I need a short answer (about 300words) to this question. You can also use bullet points for it.

Question:

Standard economic theory would predict convergence when international immigration rates rise. First, explain what economists mean by convergence. Then explain carefully the process of such convergence between a typical “new world” country and a typical “old world” country between 1850 and 1910. Specifically that can you say about the change in real wages in the sending countries compared to the change in wages in the new would between 1850 and 1913. If capital tended to “chase” migrants to the new world from the old world how would this change your answer?

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