tag:blogger.com,1999:blog-22031270.post115828440133010116..comments2023-11-03T19:05:08.512+11:00Comments on Harry Clarke: Mr Beazley the demand for labour slopes downward!Unknownnoreply@blogger.comBlogger3125tag:blogger.com,1999:blog-22031270.post-1158578442673760152006-09-18T21:20:00.000+10:002006-09-18T21:20:00.000+10:00Harry,I have posted some comments on the impact of...Harry,<BR/><BR/>I have posted some comments on the impact of immigration on wages at the following site:<BR/><BR/>http://economicsgeek.blogspot.com/2006/09/impact-of-immigration-on-wages-is.html<BR/><BR/>Regards,<BR/><BR/>Damien.Damien Eldridgehttps://www.blogger.com/profile/00871343913340646056noreply@blogger.comtag:blogger.com,1999:blog-22031270.post-1158305698220870612006-09-15T17:34:00.000+10:002006-09-15T17:34:00.000+10:00DD, I agree it is simple but I am not sure it is '...DD, I agree it is simple but I am not sure it is 'pretty bloody simplistic'. If the decline in the marginal product of labour drags in capital inflows that will tend to provide gains top non-labour, non-capital assets. The main such asset is land, resources.<BR/><BR/>The adjustments are instantaneous here which simplifies things but dioes not change the story much. Presumably temporary migrants go straight into jobs.<BR/><BR/>I do mention the complementary effects on other sectors - these should boost overall gains from immigration and reduce the overall unfavourable effects on unskilled workers.hchttps://www.blogger.com/profile/13799594181016858701noreply@blogger.comtag:blogger.com,1999:blog-22031270.post-1158303400816153762006-09-15T16:56:00.000+10:002006-09-15T16:56:00.000+10:00Harry,The latest RBA quarterly statement has Firms...Harry,<BR/>The latest RBA quarterly statement has Firms unable to grow because of lack of skilled personnel which I would suggest would mean a rather high marginal product of labour.<BR/><BR/>It must be admitted however the PR signs of the policy is of unskilled labour which boost your case however if most come from the UK you would assume they are skilled labourAnonymousnoreply@blogger.com