EconWatch.com > Immigration Once Again
[Brad DeLong's Semi-Daily Journal] Ottaviano and Giovanni Peri: "Rethinking the Gains from Immigration: Theory and Evidence from the U.S.": The standard empirical analysis of immigration, based on a simple labor demand and labor supply framework, has emphasized the negative impact of foreign born workers on the average wage of U.S.-born workers (particularly of those without a high school degree). A precise assessment of the average and relative effects of immigrants on U.S. wages, however, needs to consider labor as a differentiated input in production.
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[Gregmankiw.blogspot.com] Greg Mankiw's Blog: Sometimes prices need to rise to balance supply and demand, even if that outcome is politically unpopular. Talk of price gouging raises the specter of price controls, which in the 1970s led to widespread shortages and long lines at gas stations.
[Owen.org] Owens musings » Blog Archive » Does immigration cost jobs?: In the real world, I still say that a migrant taking a natives job will cause that native to have a period of unemployment. Additionally whilst there may be some expansion in that sector, I still believe the extra supply of labour will outstrip the expansion, and thus the wages will decrease.
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