RETHINKING THE EFFECT OF IMMIGRATION ON WAGES
@article{Ottaviano2012RETHINKINGTE, title={RETHINKING THE EFFECT OF IMMIGRATION ON WAGES}, author={Gianmarco Ireo Paolo Ottaviano and Giovanni Peri}, journal={World Scientific Studies in International Economics}, year={2012} }
This paper asks the following question: what was the effect of surging immigration on average and individual wages of U.S.-born workers during the period 1990-2004? We emphasize the need for a general equilibrium approach to analyze this problem. The impact of immigrants on wages of U.S.-born workers can be evaluated only by accounting carefully for labor market and capital market interactions in production. Using such a general equilibrium approach we estimate that immigrants are imperfect…
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