How did the time frame change migration depending on the theory?

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2026-07-18 08:05

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In neoclassical economics theory, migrants are assumed to make rational decisions based on current economic conditions. Hence, changes in economic conditions will influence the timing and volume of migration. In contrast, in the new economics of labor migration theory, factors like social networks and family ties play a significant role, suggesting that the time frame of migration is influenced by network dynamics and household strategies, rather than solely economic conditions.

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