This article examines the relationships of substitutability and complementarity between native workers and immigrants … employment and wages of native workers by taking into account the interrelations between all factors. In general, there is a …

It is now well known that exogenous immigration shocks tend to have benign effects on native employment outcomes … the effects of an immigration shock on labor demand by testing a general equilibrium model in which imperfectly … substitutable native and immigrant workers spend their wages on a locally produced good. The shock induces three responses: (i) a …

on natives' wages and employment. If immigrants are relatively good substitutes for native workers, the impact of … immigration will be largest immediately upon the immigrants' arrival, and may become smaller as the labor market adjusts to the … supply shock. Conversely, if immigrants upon arrival are poor substitutes for natives, the initial effect of immigration is …

labor markets with stagnant minimum wages, and this result is robust to a number of alternative interpretations. This …

in immigration selection criteria and other policy settings, as well as in the macroeconomic employment conditions at … macroeconomic and immigration policy setting of Cohort 2. Although the advantage derived from the Cohort 2 setting is not itself …