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...Labor demand lecture outline theory mostly from hamermesh s handbook article impact of immigration on wages and employment johnson ilrr april borjas qje nov card jole ilr mariel boatlift paper minimum wage i won t discuss in class krueger neumark aer if the supply curve for is not completely inelastic vertical then helps determine equilibrium that workers obtain this was developed as far back hicks work so note there no data to really examine initial discussion at time many cases economists are interested sake knowing expected response a change things such technology shock unionization business cycle fluctuations two factor suppose factors used produce y usual approach consider these be l capital k although analysis also applies when considering high skill versus low old young immigrant non production function f usually we assume...