With the topic of immigration and its effects on GDP and output I’m searching for a much gooder model. I have a basic model of labor supply and demand. I’ve also found models that specifically point out how skilled immigrants produce one kind of result and unskilled immigrants produce another. I’m googling what I can to see what other models may help or if there is a better model to transition from wages vs labor to aggregate GDP.
My other concern is how to construct the data into a nifty equation. The papers that I’ve read, the authors have representative equations to compute their data and I feel like I skipped something because it looks Greek to me.
I’m gonna search some more and see what I find.Do economists have any superstitions that work? A copy of Leviathan to swear on or an amulet with the pinky bone of Keynes?