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What Determines Immigrations' Impact? Comparing Two Global Centuries

Hatton, T and Williamson, JG (2006) What Determines Immigrations' Impact? Comparing Two Global Centuries. UNSPECIFIED. CEPR Discussion Papers.

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This paper asks whether history can shed light on the modern debate about immigration's labour market impact in high wage economies. It examines the relationship between migration and capital flows in the age of mass migration before 1914, the so-called first global century. It then assesses the effects of immigration on wages and employment with and without international capital mobility in first global century and today, that is, the second global century. The paper then explores the links between these economic relationships and immigration policy. It concludes with an explanation for the apparent difference in immigration's impact in the two global centuries, and thus on policy.

Item Type: Monograph (UNSPECIFIED)
Uncontrolled Keywords: capital mobility; history; immigration; labour market impact; policy
Subjects: H Social Sciences > HB Economic Theory
Divisions: Faculty of Social Sciences
Faculty of Social Sciences > Economics, Department of
SWORD Depositor: Elements
Depositing User: Elements
Date Deposited: 06 Aug 2012 14:50
Last Modified: 23 Sep 2022 19:07

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