Historical immigration patterns and real wages between 1870, Econometrics

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Historical immigration patterns and real wages between 1870

Historical Immigration Patterns and Real Wages. Between 1870 and 1910, 60 million Europeans left Europe to go to the United States, Canada, Australia, and Argentina. This immigration sharply increased the labor force in these countries, but decreased it in Europe.

a. Draw demand and supply graphs to show what happened to wages in Europe.

b. Draw demand and supply graphs to show what happened to wages in other countries.

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Econometrics: Historical immigration patterns and real wages between 1870

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Econometrics: Historical immigration patterns and real wages between 1870

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