{"title":"Local Adjustment to Immigrant-Driven Labor Supply Shocks","authors":"Joan Monras","doi":"10.1086/713148","DOIUrl":null,"url":null,"abstract":"When comparing high- to low-immigrant locations, a large literature documents small effects of immigration on labor market outcomes over 10-year horizons. The literature also documents short-run negative effects of immigrant-driven labor supply shocks, at least for some groups of native workers. Taken together, these results suggest that there are mechanisms in place that help local economies recover from the short-run effects of immigrant shocks. This paper introduces a small-open-city spatial equilibrium model that allows, with simple reduced-form estimates of the effects of immigrant shocks on the outcomes of interest, the local adjustment to be decomposed through various channels.","PeriodicalId":46011,"journal":{"name":"Journal of Human Capital","volume":"15 1","pages":"204 - 235"},"PeriodicalIF":1.6000,"publicationDate":"2021-01-28","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.1086/713148","citationCount":"2","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"Journal of Human Capital","FirstCategoryId":"96","ListUrlMain":"https://doi.org/10.1086/713148","RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q2","JCRName":"ECONOMICS","Score":null,"Total":0}
引用次数: 2
Abstract
When comparing high- to low-immigrant locations, a large literature documents small effects of immigration on labor market outcomes over 10-year horizons. The literature also documents short-run negative effects of immigrant-driven labor supply shocks, at least for some groups of native workers. Taken together, these results suggest that there are mechanisms in place that help local economies recover from the short-run effects of immigrant shocks. This paper introduces a small-open-city spatial equilibrium model that allows, with simple reduced-form estimates of the effects of immigrant shocks on the outcomes of interest, the local adjustment to be decomposed through various channels.
期刊介绍：
Journal of Human Capital is dedicated to human capital and its expanding economic and social roles in the knowledge economy. Developed in response to the central role human capital plays in determining the production, allocation, and distribution of economic resources and in supporting long-term economic growth, JHC is a forum for theoretical and empirical work on human capital—broadly defined to include education, health, entrepreneurship, and intellectual and social capital—and related public policy analyses. JHC encompasses microeconomic, macroeconomic, and international economic perspectives on the theme of human capital. The journal offers a platform for discussion of topics ranging from education, labor, health, and family economics.
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