The Employment and Wage Effects of Immigration: Trade and Labour Economics Perspectives
نویسندگان
چکیده
This paper presents a detailed survey of results from current research on the labour market effects of immigration. It argues: 1) that econometric research uniformly finds very small labour market effects of immigration; 2) that labour and trade economists have differed in their interpretation of this finding; and 3) that this difference is driven exclusively by different dimensionality assumptions (with labour economists preferring a 1-sector x m-factor model and trade economists an n-sector x m-factor model). It is then argued that the trade economists' model; along with its presumption of factor-price insensitivity is the more useful as a presumption generator. Outline
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