Research on Immigration and Wages in High-Skill Labor Markets



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送交者: mangolasi 于 2006-3-14, 13:37:59:

This is the first formal research on the topic as I know. What's interesting is not the research per se, but people's reaction on it.

Though the paper emphasizes it's on the "cost" side of H1B and the "benefit" side need to be done by future work, I am afraid people just focus on the "cost" side once the paper is introduced by the media. Serve as perfect vihicle of xenophobia sentiment. More or less I can see the specter of "beggar thy neighbor" in 1930s'.

Alas, protectionism is gaining ground, sadly. Even PK murmur something like "when told their benefit must be cut to meet the foreign competition, workers have every right to ask why not cut the foreign competition instead." As the authority in international economics, he should know trade and factor mobility will always produce winner and losers, and the simple way to make everyone a winner is redistribution tax. Maybe the current environment makes protectionist policy more sensible than redistribution tax.



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