In this exploratory paper, the notion of (strong) discontinuity is introduced into the theory of international labour migration. It is suggested that inter‐country wage differentials alone may fail to induce international migration at the level of the decision making entity. However, three factors ‐ risk aversion, relative deprivation and asymmetric information ‐ in conjunction with these wage differentials, may account for international migration.
|Number of pages||17|
|State||Published - May 1984|