Migrants, being relatively low earners, are net beneficiaries of the welfare state. However, this paper uses a dynamic … model to show that because of migrants’ positive influence on the pension system, which is an important pillar of any …

-run capital flows in both theory and in the data. For this purpose, we develop a two region overlapping generations model where …

-level administrative data - that large immigration flows since 2012 have had dampening effects on aggregate wage growth, as complementarity …

This paper studies the impact of U.S. immigration barriers on global knowledge production. We present four key findings …. First, among Nobel Prize winners and Fields Medalists, migrants to the U.S. play a central role in the global knowledge …-histories of International Math Olympiad (IMO) medalists, we show that migrants to the U.S. are up to six times more productive …

This paper uses census and household survey data on Cameroon, Ghana, and South Africa to examine immigration's impact … in the context of a segmented labor market in Sub-Saharan Africa. We find that immigration affects (i) employment (ii … the impact depends on the degree of complementarity between immigrants and native workers' skills. Immigration is found to …