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The Effects of Immigration on the Economy: Lessons from the 1920s Border Closure / Ran Abramitzky, Philipp Ager, Leah Platt Boustan, Elior Cohen, Casper W. Hansen.
- Format:
- Book
- Author/Creator:
- Abramitzky, Ran.
- Series:
- Working Paper Series (National Bureau of Economic Research) no. w26536.
- NBER working paper series no. w26536
- Language:
- English
- Physical Description:
- 1 online resource: illustrations (black and white);
- Other Title:
- Effects of Immigration on the Economy
- Place of Publication:
- Cambridge, Mass. National Bureau of Economic Research 2019.
- Summary:
- In the 1920s, the United States substantially reduced immigrant entry by imposing country-specific quotas. We compare local labor markets with more or less exposure to the national quotas due to differences in initial immigrant settlement. A puzzle emerges: the earnings of existing US-born workers declined after the border closure, despite the loss of immigrant labor supply. We find that more skilled US-born workers - along with unrestricted immigrants from Mexico and Canada - moved into affected urban areas, completely replacing European immigrants. By contrast, the loss of immigrant workers encouraged farmers to shift toward capital-intensive agriculture and discouraged entry from unrestricted workers.
- Notes:
- Print version record
- December 2019.
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