their levels of immigration. Because of complementarities between capital and labor, the return on capital is positively … related to the level of immigration. Consequently, when capital is immobile, host nations' optimal levels of immigration are … on capital is a function of the levels of immigration in both countries, meaning that immigration is a public good. As a …

shifts by (observable) changes in the capital stock under a capital-skill complementarity technology. The results show that … stock of capital, the KORV model predicts that the skill-premium will remain between -5% and +5% of its 1996 level …

particular, capital-skill complementarity represents a source of relative skill-bias while SETI provides an absolute skill …

immigration-induced skill-mix changes between 1860 and 1930. We find that capital began as a q-complement for skilled and …This paper estimates the elasticity of substitution between capital and skill using variation across U.S. counties in … parametric production function calibrated to our estimates imply the level of capital-skill complementarity after 1890 likely …

In this paper, we simulate the labor market effects of net immigration and emigration during the 1990's in all OECD … wage effects of immigration and emigration. We use a range of parameter values spanning most of the estimates in the … literature. In all cases we find that immigration had a positive effect on the wage of less educated natives. It also increased …

While skilled immigration ceteris paribus provides an immediate boost to GDP per capita by adding to the human capital … indigenous workers? We analyse this issue theoretically and empirically. The theoretical model shows how skilled immigration can … workers have declined in a period where immigration has been rising strongly, and have declined significantly more in high …

effective use of migrants' skills provides scope for close coordination between immigration and employment policy to ensure that …

balanced panel of 73 developed and developing countries to examine the capital-skill complementarity hypothesis. The exercise … shows some support for capital-skill complementarity, but the strength of the evidence depends upon the definition of …