Re:When male CEOs have daughters, relative pay for women at ...
by theorique on Monday July 15, 2013 @09:18PM
(#6049513)
I think we're agreeing with each other.
There's no pure, efficient, "labor market" but instead lots of small, loosely connected "labor markets" with a variety of inefficiencies - lock-in, friction, imperfect information.
An employer can exploit illegal immigrant labor because it tends to be concentrated in lower-skilled, relatively interchangeable jobs, and because illegal immigrants are in a difficult spot.
There's no pure, efficient, "labor market" but instead lots of small, loosely connected "labor markets" with a variety of inefficiencies - lock-in, friction, imperfect information.
An employer can exploit illegal immigrant labor because it tends to be concentrated in lower-skilled, relatively interchangeable jobs, and because illegal immigrants are in a difficult spot.