Alan Manning, professor of economics at the London School of Economics, visited NCID to give a seminar entitled “The wage elasticity of recruitment.”
...Itzel De Haro (University of Wisconsin–Madison) visited NCID to give a seminar entitled “The U.S. opioid crisis and its impact on Mexico’s drug cartel violence.” In her presentation, she explained her investigation: how a recent decline in the demand for heroin affects violence in Mexico, specifically in municipalities that produce avocados. “Based on news reports, these cartels have started diversifying out of the production and distribution of illegal drugs and targeting avocado farmers and packing houses in Mexico. In addition, they ask for ext...
Alan Manning, professor of economics at the London School of Economics, visited NCID to give a seminar entitled “The wage elasticity of recruitment.” The speaker explained that most economists think of labor markets as very competitive and that it’s very easy for workers to find another job if their employer treats them badly. It is believed that this competition protects workers against exploitation by employers.
According to Manning, it is not that simple: “Most of us don’t experience labor markets like that, finding j...