Stiglitz: movement capital vs labor, effect on living standars

Question

Stiglitz argues that increasing free movement of labor would be a much more effective way of increasing living standards, compared to free movement of capital (see for instance this video).

Does someone know which theoretical frameworks have been used to derive such conclusions? (I am looking for papers published in peer reviewed journals or theory books).

This question could be improved by linking to a place where he argued such a point. — BKay, Sep 04 '15 at 00:18
that s why i included the video. I did not find any academic reference yet — desval, Sep 04 '15 at 23:25

score 1 · Accepted Answer · answered Sep 03 '15 at 14:17

1

The Roy model ( a much celebrated model in labor economics) deals with this issue. It can be arguably be directly mapped to this issue.

answered Sep 03 '15 at 14:17

ChinG

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Stiglitz: movement capital vs labor, effect on living standars

1 Answers1