the quality of the work found by the unemployed. This quality rise, in terms of both wages and duration, can be achieved …

Politicians, the media, and the public express concern that immigrants depress wages by competing with native workers … countries have found no effect on wages, on average, and only modest effects on wage differentials between more and less … educated immigrant and native workers. Native workers' wages have been insulated by differences in skills, adjustments in local …

wages. But this ignores the possibility that new owners will expand the firm's scale, with potentially positive effects on … employment, wages, and productivity. Evidence generally shows these forces to be offsetting, usually resulting in small …