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Immigration, Human Capital Formation and Endogenous Economic Growth

Isaac Ehrlich () and Jinyoung Kim ()

No 21699, NBER Working Papers from National Bureau of Economic Research, Inc

Abstract: Census data from international sources covering 77% of the world’s migrant population indicate that the skill composition of migrants in major destination countries, including the US, has been rising over the last 4 decades. Moreover, the population share of skilled migrants has been approaching or exceeding that of skilled natives. We offer theoretical propositions and empirical tests consistent with these trends via a general-equilibrium model of endogenous growth where human capital, population, income growth and distribution, and migration trends are endogenous. We derive new insights about the impact of migration on long-term income growth and distribution, and the net benefits to natives in both destination and source countries.

JEL-codes: F22 F43 O15 O4 (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-fdg, nep-gro, nep-hrm, nep-int and nep-mig
Date: 2015-11
Note: DEV EFG LS
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Published as Isaac Ehrlich & Jinyoung Kim, 2015. "Immigration, Human Capital Formation, and Endogenous Economic Growth," Journal of Human Capital, University of Chicago Press, vol. 9(4), pages 518 - 563.

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