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How many "American jobs" have U.S.-born workers lost due to immigration and offshoring? Or, alternatively, is it … possible that immigration and offshoring, by promoting cost-savings and enhanced efficiency in firms, have spurred the creation … immigration does not, but rather reduces the share of offshored jobs instead. Moreover, since both phenomena have a positive "cost …
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In this paper, we analyse Okun's law - a relation between the change in the unemployment rate and GDP growth - using … fruitful. In terms of dynamic effects, a shock to GDP growth has robustly negative effects on the change in the unemployment …
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