International migration,non-traded goods and economic welfare in a two-class economy: A reply |
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Authors: | Francisco L. Rivera-Batiz |
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Affiliation: | Indiana University, Bloomington, IN 47405, USA |
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Abstract: | This paper sketches a formal model of an economy producing traded and non-traded goods in which two classes of individuals are differentiated, each owning different endowments of capital and labor and allocating different proportions of their income to the consumption of each commudity. The effects of emigration on prices, income distribution and the real income of each class is then examined. |
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