---

Migration as human capital investment:

• the determinants of migration
• who moves?
• the selection effect
• family migration

Immigrant performance in the labor market:

• assimilation (click here for the experience of Chinese immigrants in Hong Kong)
• cohort effect
• differential returns to education

Economic effects of increased immigration:

• homogeneous labor
• heterogeneous labor
• taxes and subsidies
• empirical evidence:
  • Empirical studies in the U.S. typically find a very small negative effect of increased immigration on native wages. For example, LaLonde and Topel estimate that a 10% increase in the number of immigrants in a city lowers the wages of local young blacks and Hispanics by at most 0.1%.
  • An study in Hong Kong finds that increased immigration have small adverse effects on the wages of young workers and existing immigrants, and it has a small positive effect on the wages of older native workers. (Click here for a detailed table showing the magnitude of the effects.)
  • the Mariel Boatlift

---

Lecture Notes