Hatton, Timothy J and Williamson, Jeffrey G (2008) The Impact of Immigration: Comparing Two Global Eras. World Development, 36 (3). pp. 345-361. DOI https://doi.org/10.1016/j.worlddev.2007.04.009
Hatton, Timothy J and Williamson, Jeffrey G (2008) The Impact of Immigration: Comparing Two Global Eras. World Development, 36 (3). pp. 345-361. DOI https://doi.org/10.1016/j.worlddev.2007.04.009
Hatton, Timothy J and Williamson, Jeffrey G (2008) The Impact of Immigration: Comparing Two Global Eras. World Development, 36 (3). pp. 345-361. DOI https://doi.org/10.1016/j.worlddev.2007.04.009
Abstract
This paper asks whether history can inform modern debate about immigration's impact on high wage economies. It examines the relationship between migration's labor market impact and capital flows before 1914, the first global era. It then assesses the effects of immigration on wages and employment with and without international capital mobility today, in the second global era. It then explores the links between these economic relationships, welfare burdens, and immigration policy. It concludes with an explanation for the apparent difference in immigration's impact in the two global eras, and thus on policy. © 2007 Elsevier Ltd. All rights reserved.
| Item Type: | Article |
|---|---|
| Uncontrolled Keywords: | immigration; capital mobility; policy; history; the Atlantic economy |
| Subjects: | H Social Sciences > HB Economic Theory |
| Divisions: | Faculty of Social Sciences Faculty of Social Sciences > Economics, Department of |
| SWORD Depositor: | Unnamed user with email elements@essex.ac.uk |
| Depositing User: | Unnamed user with email elements@essex.ac.uk |
| Date Deposited: | 06 Aug 2012 20:56 |
| Last Modified: | 16 May 2024 16:33 |
| URI: | http://repository.essex.ac.uk/id/eprint/3257 |