The Impact of Emigration on Real Wages in Ireland, 1850-1914
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[Excerpt] The chapter is organized as follows. First, we examine the growth of Irish wages and living standards in comparison with other countries. Second, we examine the hypothesis that the Irish agricultural wage was responsive to movements in the male population. Third, we attempt to estimate the effect of emigration on the population and labor force of Ireland from 1851-1911. In order to estimate the impact of faster labor force growth, we specify a computable general equilibrium model of the Irish economy. Then the effects of emigration are evaluated in a general equilibrium framework. Finally, we summarize the main findings of the chapter in a short conclusion.