000			01151nam a22001457a 4500
999			_c517403 _d517403
008			210714b ||||| |||| 00| 0 eng d
100			_aAlbert, Christoph _926611
245			_aThe labor market impact of immigration: Job creation versus job competition
260			_aAmerican Economic Journal: Macroeconomics
300			_a13(1), Jan, 2021: p.35-78
520			_aThis paper studies the labor market effects of both documented and undocumented immigration in a search model featuring nonrandom hiring. As immigrants accept lower wages, they are preferably chosen by firms and therefore have higher job finding rates than natives, consistent with evidence found in US data. Immigration leads to the creation of additional jobs but also raises competition for natives. The dominant effect depends on the fall in wage costs, which is larger for undocumented immigration than it is for legal immigration. The model predicts a dominating job creation effect for the former, reducing natives' unemployment rate, but not for the latter. – Reproduced
773			_aAmerican Economic Journal: Macroeconomics
906			_aLABOUR MARKET
942			_cAR