Search Results

Showing results 1 to 6 of approximately 6.

(refine search)
SORT BY: PREVIOUS / NEXT
Keywords:Immigration 

Working Paper
Dynamic Responses to Immigration

I analyze the dynamic effects of immigration by estimating an equilibrium model of local labor markets in the US. The model includes firms in multiple cities and sectors which combine capital, skilled and unskilled labor in production, and forward-looking workers who choose their sector and location each period as a dynamic discrete choice. A counterfactual unskilled immigration inflow leads to an initial wage drop for unskilled workers and a wage increase for skilled workers. These effects dissipate rapidly as unskilled workers migrate away from heavily affected cities and workers shift ...
Opportunity and Inclusive Growth Institute Working Papers , Paper 6

Working Paper
Human Capital and Development Accounting: New Evidence from Wage Gains at Migration

We use new data on the pre- and post-migration wages of U.S. immigrants to measure the importance of human capital for development accounting. Wages increase at migration, but by less than half of the gap in GDP per worker. This finding implies that human capital accounts for a large share of cross-country income differences. Wage gains decline with education, consistent with imperfect substitution between skill types. We bound the human capital share in development accounting to between one-half and two-thirds; additional assumptions lead to an estimate of 60 percent. We also provide results ...
Opportunity and Inclusive Growth Institute Working Papers , Paper 1

Blog
Without Immigration, U.S. Economy Will Struggle to Grow

Slowing labor force growth is the product of a number of factors—the aging of the U.S. population, retiring baby boomers and declining birth rates. But another element is immigration.
Dallas Fed Economics

Working Paper
Immigrants in the U.S. labor market

Immigrants supply skills that are in relatively short supply in the U.S. labor market and account for almost half of labor force growth since the mid-1990s. Migrant inflows have been concentrated at the low and high ends of the skill distribution. Large-scale unauthorized immigration has fueled growth of the low-skill labor force, which has had modest adverse fiscal and labor market effects on taxpayers and U.S.-born workers. High-skilled immigration has been beneficial in most every way, fueling innovation and spurring entrepreneurship in the high tech sector. Highly skilled immigrants have ...
Working Papers , Paper 1306

Working Paper
New Findings on the Fiscal Impact of Immigration in the United States

The National Academies of Sciences, Engineering, and Medicine (2016) report on the economic and fiscal effects of immigration included the first set of comprehensive fiscal impacts published in twenty years. The estimates highlight the pivotal role of the public goods assumption. If immigrants are assigned the average cost of public goods, such as national defense and interest on the debt, then immigration?s fiscal impact is negative in both the short and long run. If, instead, immigrants are assigned the marginal cost of public goods, then the long-run fiscal impact is positive and the ...
Working Papers , Paper 1704

Working Paper
The Indirect Fiscal Benefits of Low-Skilled Immigration

Low-skilled immigrants indirectly affect public finances through their effect on native wages & labor supply. We operationalize this general-equilibrium effect in the workhorse labor market model with heterogeneous workers and intensive and extensive labor supply margins. We derive a closed-form expression for this effect in terms of estimable statistics. We extend the analysis to various alternative specifications of the labor market and production that have been emphasized in the immigration literature. Empirical quantifications for the U.S. reveal that the indirect fiscal benefit of one ...
Opportunity and Inclusive Growth Institute Working Papers , Paper 38

FILTER BY year

FILTER BY Content Type

Working Paper 5 items

Blog 1 items

FILTER BY Author

Orrenius, Pia M. 3 items

Colas, Mark 2 items

Hendricks, Lutz 1 items

Sachs, Dominik 1 items

Schoellman, Todd 1 items

Smith, Chloe N. 1 items

show more (2)

FILTER BY Jel Classification

J31 3 items

J15 2 items

J62 2 items

H20 1 items

H50 1 items

H72 1 items

show more (6)

PREVIOUS / NEXT