Economic theory suggests that selective immigration policies based on observable characteristics will affect unobservable migrant quality. Little empirical evidence exists on this hypothesis. We quantify traditionally unobservable components of migrant quality in Australia, a high-migrant share...

Occupational mismatch is a wide-spread phenomenon among immigrants in many European countries. Mismatch, predominantly measured in terms of education, is often regarded as a waste of human capital. Such discussions, however, ignore the imperfect comparability of international educational degrees...