Economics of Immigration provides students with the tools needed to examine the economic impact of immigration and immigration policies over the past century. Students will develop an understanding of why and how people migrate across borders and will learn how to analyze the economic causes and effects of immigration. The main objectives of the book are for students to understand the decision to migrate; to understand the impact of immigration on markets and government budgets; and to understand the consequences of immigration policies in a global context. From the first chapter, students will develop an appreciation of the importance of immigration as a separate academic field within labor economics and international economics. Topics covered include the effect of immigration on labor markets, housing markets, international trade, tax revenues, human capital accumulation, and government fiscal balances. The book also considers the impact of immigration on what firms choose to produce, and even on the ethnic diversity of restaurants and on financial markets, as well as the theory and evidence on immigrants’ economic assimilation. The textbook includes a comparative study of immigration policies in a number of immigrant-receiving and sending countries, beginning with the history of immigration policy in the United States. Finally, the book explores immigration topics that directly affect developing countries, such as remittances, brain drain, human trafficking, and rural-urban internal migration. Readers will also be fully equipped with the tools needed to understand and contribute to policy debates on this controversial topic. This is the first textbook to comprehensively cover the economics of immigration, and it is suitable both for economics students and for students studying migration in other disciplines, such as sociology and politics.

The Economics of Immigration is written as a both a reference for researchers and as a textbook on the economics of immigration. It is aimed at two audiences: (1) researchers who are interested in learning more about how economists approach the study of human migration flows; and (2) graduate students taking a course on migration or a labor economics course where immigration is one of the subfields studied. The book covers the economic theory of immigration, which explains why people move across borders and details the consequences of such movements for the source and destination economies. The book also describes immigration policy, providing both a history of immigration policy in a variety of countries and using the economic theory of immigration to explain the determinants and consequences of the policies. The timing of this book coincides with the emergence of immigration as a major political and economic issue in the USA, Japan Europe and many developing countries.

"A study of the economics of immigration"--

Millions of people—nearly 3 percent of the world’s population—no longer live in the country where they were born. Every day, migrants enter not only the United States but also developed countries without much of a history of immigration. Some of these nations have switched in a short span of time from being the source of immigrants to being a destination for them. International migration is today a central subject of research in modern labor economics, which seeks to put into perspective and explain this historic demographic transformation. Immigration Economics synthesizes the theories, models, and econometric methods used to identify the causes and consequences of international labor flows. Economist George Borjas lays out with clarity and rigor a full spectrum of topics, including migrant worker selection and assimilation, the impact of immigration on labor markets and worker wages, and the economic benefits and losses that result from immigration. Two important themes emerge: First, immigration has distributional consequences: some people gain, but some people lose. Second, immigrants are rational economic agents who attempt to do the best they can with the resources they have, and the same holds true for native workers of the countries that receive migrants. This straightforward behavioral proposition, Borjas argues, has crucial implications for how economists and policymakers should frame contemporary debates over immigration.

The United States is now admitting nearly one million legal immigrants per year, while the flow of illegal aliens into the country continues to increase steadily. The debate over immigration policy has typically focused on three fundamental questions: How do immigrants perform economically relative to others? What effects do immigrants have on the employment opportunities of other workers? What kind of immigration policy is most beneficial to the host country? This authoritative volume represents a move beyond purely descriptive assessments of labor market consequences toward a more fully developed analysis of economic impacts across the social spectrum. Exploring the broader repercussions of immigration on education, welfare, Social Security, and crime, as well as the labor market, these papers assess dimensions not yet taken into account by traditional cost-benefit calculations. This collection offers new insights into the kinds of economic opportunities and outcomes that immigrant populations might expect for themselves and future generations.

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.

ŠThis is an extremely impressive volume which guides readers into thinking about migration in new ways. In its various chapters, international experts examine contemporary migration issues through a multitude of lenses ranging from child labor, human t

Argues convincingly that immigration continues to benefit U.S. natives as well as most developed countries

"Today the United States is home to more unauthorized immigrants than at any time in the country's history. As scrutiny around immigration has intensified, border enforcement has tightened. The result is a population of new Americans who are more entrenched than ever before. Crossing harsher, less porous borders makes entry to the US a permanent, costly enterprise. And the challenges don't end once they're here. In The Border Within, journalist Kalee Thompson and economist Tara Watson examine the costs and ends of America's immigration-enforcement complex, particularly its practices of internal enforcement: the policies and agencies, including ICE, aimed at removing unauthorized immigrants living in the US. Thompson and Watson's economic appraisal of immigration's costs and benefits is interlaid with first-person reporting of families who personify America's policies in a time of scapegoating and fear. The result is at once enlightening and devastating. Thomspon and Watson examine immigration's impact on every aspect of American life, from the labor force to social welfare programs to tax revenue. The results paint an overwhelmingly positive picture of what non-native Americans bring to the country, including immigration's tendency to elevate the wages and skills of those who are native born. Their research also finds a stark gap between the realities of America's immigrant population and the policies meant to uproot them: America's internal enforcements are grounded in shock and awe more than any reality of where and how immigrants live. The objective, it seems, is to deploy "chilling effects" -- performative displays aimed at producing upstream effects on economic behaviors and decision-making among immigrants. The ramifications of these fear-based policies extends beyond immigrants themselves; they have impacts on American citizens living in immigrant families as well as on the broader society"--

Much like other political issues, immigration is ultimately a debate about how to divide the economic pie - it is an issue of allocation. "The Economics of Immigration: Allocating Life, Liberty and the Pursuit of Happiness" examines the allocation mechanisms relevant to immigration and evaluates how those mechanisms affect natives and immigrants in both the short run and long run. The text begins by introducing students to the relevant economic theory and tools students need to master in order to read and understand empirical papers on this subject. Several big immigration issues are addressed in this text, including: "Why migrate?"; "Who migrates?"; and "What do immigrants do to the economy?." Although the United States is the primary focus thanks to an abundance of available data, a healthy supply of immigrants, and a robust immigration debate, many of the lessons of this text can be applied anywhere labor mobility is studied. David Bernotas received a Bachelor s degree in economics and mathematics at Macalester College and a Ph.D. in economics at the University of Illinois, Urbana-Champaign. Since then, he has held positions at the University of Georgia and the University of California, San Diego. Outside of immigration issues, his research interests are environmental economics and auctions theory.