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Hello in this video i'll be explaining the following.
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So this model is a theoretical framework that explains world to urban migration, particularly in developing countries.
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So it's when an individual goes from a rural area to an urban center based on their urban employment expectation rather than actual job availability.
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So the key components are going to be expected wages.
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The motivation for potential higher wages compared to rural area ones, urban unemployment.
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Urban areas have high rates of unemployment, and through the migrants, they can expect high wages, but there is no guarantee of immediate employment.
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And then rural to urban movement.
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Migration occurs until the expected income in an urban area is equal to the income of a rural area.
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So that takes into that account.
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And then we want the argument...