"Only at an economics conference will people talk for two hours
about immigration and never mention Donald Trump."
So opens this article, a look at a recent
San Francisco economics conference at which a paper was presented on the modeled
effects of an influx of low-skill immigrant workers on native low-skill workers
in a given trade. While the researchers found that this situation leads to an
increase in trade, it also leads to wage stagnation as the supply of workers
grows to meet the demand. However, in this situation, they also found that the
native low-skilled workers are more likely to seek after more job training to
become mid-skilled workers, thereby bettering their circumstances by lifting
themselves out of competition from the new immigrant populations. Though
these results are just modeled and there is some question of whether real live
people would follow these patterns, they are an interesting rebuttal to the
kind of rhetoric usually thrown around when jobs and immigrants are mentioned
in the same sentence.
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