The Economic and Fiscal Consequences of Immigration

The Economic and Fiscal Consequences of Immigration
Author: National Academies of Sciences, Engineering, and Medicine
Publisher: National Academies Press
Total Pages: 643
Release: 2017-07-13
Genre: Social Science
ISBN: 0309444454

The Economic and Fiscal Consequences of Immigration finds that the long-term impact of immigration on the wages and employment of native-born workers overall is very small, and that any negative impacts are most likely to be found for prior immigrants or native-born high school dropouts. First-generation immigrants are more costly to governments than are the native-born, but the second generation are among the strongest fiscal and economic contributors in the U.S. This report concludes that immigration has an overall positive impact on long-run economic growth in the U.S. More than 40 million people living in the United States were born in other countries, and almost an equal number have at least one foreign-born parent. Together, the first generation (foreign-born) and second generation (children of the foreign-born) comprise almost one in four Americans. It comes as little surprise, then, that many U.S. residents view immigration as a major policy issue facing the nation. Not only does immigration affect the environment in which everyone lives, learns, and works, but it also interacts with nearly every policy area of concern, from jobs and the economy, education, and health care, to federal, state, and local government budgets. The changing patterns of immigration and the evolving consequences for American society, institutions, and the economy continue to fuel public policy debate that plays out at the national, state, and local levels. The Economic and Fiscal Consequences of Immigration assesses the impact of dynamic immigration processes on economic and fiscal outcomes for the United States, a major destination of world population movements. This report will be a fundamental resource for policy makers and law makers at the federal, state, and local levels but extends to the general public, nongovernmental organizations, the business community, educational institutions, and the research community.

How Immigrants Contribute to Developing Countries' Economies

How Immigrants Contribute to Developing Countries' Economies
Author: OECD
Publisher: OECD Publishing
Total Pages: 194
Release: 2018-01-24
Genre:
ISBN: 9264288732

How Immigrants Contribute to Developing Countries' Economies is the result of a project carried out by the OECD Development Centre and the International Labour Organization, with support from the European Union. The report covers the ten project partner countries.

Moving for Prosperity

Moving for Prosperity
Author: World Bank
Publisher: World Bank Publications
Total Pages: 407
Release: 2018-06-14
Genre: Business & Economics
ISBN: 1464812829

Migration presents a stark policy dilemma. Research repeatedly confirms that migrants, their families back home, and the countries that welcome them experience large economic and social gains. Easing immigration restrictions is one of the most effective tools for ending poverty and sharing prosperity across the globe. Yet, we see widespread opposition in destination countries, where migrants are depicted as the primary cause of many of their economic problems, from high unemployment to declining social services. Moving for Prosperity: Global Migration and Labor Markets addresses this dilemma. In addition to providing comprehensive data and empirical analysis of migration patterns and their impact, the report argues for a series of policies that work with, rather than against, labor market forces. Policy makers should aim to ease short-run dislocations and adjustment costs so that the substantial long-term benefits are shared more evenly. Only then can we avoid draconian migration restrictions that will hurt everybody. Moving for Prosperity aims to inform and stimulate policy debate, facilitate further research, and identify prominent knowledge gaps. It demonstrates why existing income gaps, demographic differences, and rapidly declining transportation costs mean that global mobility will continue to be a key feature of our lives for generations to come. Its audience includes anyone interested in one of the most controversial policy debates of our time.

America's Newcomers and the Dynamics of Diversity

America's Newcomers and the Dynamics of Diversity
Author: Frank D. Bean
Publisher: Russell Sage Foundation
Total Pages: 327
Release: 2003-05-01
Genre: Social Science
ISBN: 1610440358

The attacks of September 11, 2001, facilitated by easy entry and lax immigration controls, cast into bold relief the importance and contradictions of U.S. immigration policy. Will we have to restrict immigration for fear of future terrorist attacks? On a broader scale, can the country's sense of national identity be maintained in the face of the cultural diversity that today's immigrants bring? How will the resulting demographic, social, and economic changes affect U.S. residents? As the debate about immigration policy heats up, it has become more critical than ever to examine immigration's role in our society. With a comprehensive social scientific assessment of immigration over the past thirty years, America's Newcomers and the Dynamics of Diversity provides the clearest picture to date of how immigration has actually affected the United States, while refuting common misconceptions and predicting how it might affect us in the future. Frank Bean and Gillian Stevens show how, on the whole, immigration has been beneficial for the United States. Although about one million immigrants arrive each year, the job market has expanded sufficiently to absorb them without driving down wages significantly or preventing the native-born population from finding jobs. Immigration has not led to welfare dependency among immigrants, nor does evidence indicate that welfare is a magnet for immigrants. With the exception of unauthorized Mexican and Central American immigrants, studies show that most other immigrant groups have attained sufficient earnings and job mobility to move into the economic mainstream. Many Asian and Latino immigrants have established ethnic networks while maintaining their native cultural practices in the pursuit of that goal. While this phenomenon has led many people to believe that today's immigrants are slow to enter mainstream society, Bean and Stevens show that intermarriage and English language proficiency among these groups are just as high—if not higher—as among prior waves of European immigrants. America's Newcomers and the Dynamics of Diversity concludes by showing that the increased racial and ethnic diversity caused by immigration may be helping to blur the racial divide in the United States, transforming the country from a biracial to multi-ethnic and multi-racial society. Replacing myth with fact, America's Newcomers and the Dynamics of Diversity contains a wealth of information and belongs on the bookshelves of policymakers, pundits, scholars, students, and anyone who is concerned about the changing face of the United States. A Volume in the American Sociological Association's Rose Series in Sociology

General Equilibrium and Welfare

General Equilibrium and Welfare
Author: Pablo Coto-Millán
Publisher: Physica
Total Pages: 196
Release: 2002-07-23
Genre: Business & Economics
ISBN:

In this book the reader is provided with an overview of the most interesting ideas in Competitive General Equilibrium Theory as well as Welfare Economy. In doing so, the author adopts a methodological approach of a closed and inter-related system where all variables are simultaneously determined. By using theorems of fixed point, revealed preference and local and global stability, the author proves the existence of unicity and stability. Furthermore, he analyses those situations where the competitive system does not allocate resources efficiently. In this sense, he examines allocation problems in regard to property rights, information problems and choice and negotiation problems. Finally, the text includes a chapter that presents a topical guide of questions related to Social Choice.

Migration and the Welfare State

Migration and the Welfare State
Author: Assaf Razin
Publisher: MIT Press
Total Pages: 181
Release: 2011
Genre: Business & Economics
ISBN: 0262298376

Nobel laureate economist Milton Friedman once noted that free immigration cannot coexist with a welfare state. A welfare state with open borders might turn into a haven for poor immigrants, which would place such a fiscal burden on the state that native-born voters would support less-generous benefits or restricted immigration, or both. And yet a welfare state with an aging population might welcome young skilled immigrants. The preferences of the native-born population toward migration depend on the skill and age composition of the immigrants, and migration policies in a political-economy framework may be tailored accordingly. This book examines how social benefits-immigrations political economy conflicts are resolved, with an empirical application to data from Europe and the developed countries, integrating elements from population, international, public, and political economics into a unified static and dynamic framework. Using a static analytical framework to examine intra-generational distribution, the authors first focus on the skill composition of migrants in both free and restricted immigration policy regimes, drawing on empirical research from EU-15 and non-EU-15 states. The authors then offer theoretical analyses of similar issues in dynamic overlapping generations settings, studying not only intragenerational but also intergenerational aspects, including old-young dependency ratios and skilled-unskilled conflicts. Finally, they examine overall gains from or costs of migration in both host and source countries and the race to the bottom argument of tax competition between states in the presence of free migration.