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Title: 総需要と国際労働移動
Other Titles: Aggregate Demand and International Labor Movement
Authors: 島田, 章
Authors (alternative): Shimada, Akira
Issue Date: 25-Jun-2001
Publisher: 長崎大学経済学会
Citation: 経営と経済, 81(1), pp.1-25; 2001
Abstract: We investigate international labor movement in a two-country macroeconomic model taking into consideration the effects of international labor movement on aggregate demand. For this purpose we assume that inflow (outflow) of foreign (domestic) workers increases (decreases) aggregate demand through the expansion (contraction) of government spending. We show that employment levels decrease in one country when nominal wages increase in another, implying that labor demanded in two countries are gross complements of each other. We also show that the unemployment rate in one country is independent of nominal wages in the foreign country. These results are in marked contrast with ones derived in the case where international labor movement does not affect aggregate demand. If international labor movement does not affect aggregate demand, employment levels are independent of the foreign country's nominal wages and the unemployment rate decreases when nominal wages increase in the foreign country.
URI: http://hdl.handle.net/10069/29195
ISSN: 02869101
Type: Departmental Bulletin Paper
Text Version: publisher
Appears in Collections:Volume 81 No. 1

Citable URI : http://hdl.handle.net/10069/29195

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