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Elementary,Middle School,High School,College,University,PHD
| Teaching Since: | Apr 2017 |
| Last Sign in: | 327 Weeks Ago, 5 Days Ago |
| Questions Answered: | 12843 |
| Tutorials Posted: | 12834 |
MBA, Ph.D in Management
Harvard university
Feb-1997 - Aug-2003
Professor
Strayer University
Jan-2007 - Present
Countries A and B are identical with identical production function, investment and depreciation rates. Initially, both have identical population growth rate of zero, and both are at steady-state. Country A decides to allow a 10% in-migration of worker every year while Country B allows only a one-time 10% in-migration. Explain how the change in the immigration policy of each country impact on the steady-state of each country and explain why.
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