Speaker: | Jiaming Mao |
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Speaker Intro: | Assistant Professor at Wang Yanan Institute for Studies in Economics (WISE) |
Host: | |
Description: |
Abstract
This paper studies labor market response to immigration by estimating a structural dynamic general equilibrium model of the U.S. labor market and using the estimated model to analyze the effects of alternative immigration policies. The model features a multi-sector economy with heterogenous native and immigrant workers who are imperfect substitutes in production. Labor supply is endogenous and workers self-select into their sectors of employment subject to costly mobility. The model is fit to the Current Population Survey. Using the estimated model as a basis for counter-factual experiements, the paper compares the wage and employment dynamics following the implementation of alternative immigration policies and calculates the resulting welfare gains and losses to different types of workers.
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Time: | 2015-04-28(Tuesday)16:40-18:00 |
Venue: | N302 Economics Building |
Organizer: | WISE-SOE |