We study the effects of immigration on native welfare in a general equilibrium model featuring two skill types, search … studied, immigration attenuates the effects of search frictions. These gains tend to outweigh the welfare costs of … redistribution. Immigration has increased native welfare in almost all countries. Both high-skilled and low-skilled natives benefit …

state regulations to investigate how minimum wages affect the labor market impact of immigration. We find that the effects … of immigration on labor market outcomes of native workers within a given state-skill cell are more negative in U … immigration as well as state minimum wages, and to implementing a difference-in-differences strategy comparing U.S. States where …

We document a steady decline in low-skilled immigration that began with the onset of the Great Recession in 2007, which … estimate a stochastic growth model with endogenous immigration and training to account for these facts and study macroeconomic … performance and welfare. Lower immigration leads to higher wages for low-skilled workers and higher consumer prices. Importantly …