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What Determines Immigration's Impact? Comparing Two Global Centuries

Hatton, T and Williamson, JG (2006) What Determines Immigration's Impact? Comparing Two Global Centuries. UNSPECIFIED. National Bureau of Economic Research Working Papers.

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Can history shed light on the modern debate about immigration%u2019s labor market impact in high wage economies? This paper 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%u2019s impact in the two global centuries, and thus on policy.

Item Type: Monograph (UNSPECIFIED)
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: 06 Jan 2022 13:16

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