Family reunification or point-based immigration system? The case of the U.S. and Mexico
AbstractWhile the immigration policy in the U.S. is mainly oriented to family reunification, in Australia, Canada and the U.K. it is a points-based immigration system which main objective is to attract high skilled immigrants. This paper compares both immigration policies through the transition for the U.S. and Mexico. I find that: (i) The point system increases the average years of the immigrants by 3.5 years. (ii) The Mexican immigrants suffer a 10% reduction in their effective hours of labor when they move to the U.S. (iii) Migration reduces inequality, more significantly if the immigration policy is the point system and increases output per capita differences between both countries. (iv) The offspring of the immigrants invest more in human capital than the U.S. natives. (v) The earnings ratio immigrants to the U.S. natives is lower under the quota system than under the point system but along the transition it reverses converging at the steady state.
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Bibliographic InfoPaper provided by Institut d'Economia de Barcelona (IEB) in its series Working Papers with number 2011/19.
Length: 31 pages
Date of creation: 2011
Date of revision:
Migration; self-selection; human capital; immigration policies;
Find related papers by JEL classification:
- E20 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - General (includes Measurement and Data)
- F22 - International Economics - - International Factor Movements and International Business - - - International Migration
- J61 - Labor and Demographic Economics - - Mobility, Unemployment, Vacancies, and Immigrant Workers - - - Geographic Labor Mobility; Immigrant Workers
- O11 - Economic Development, Technological Change, and Growth - - Economic Development - - - Macroeconomic Analyses of Economic Development
This paper has been announced in the following NEP Reports:
- NEP-ALL-2011-10-15 (All new papers)
- NEP-MAC-2011-10-15 (Macroeconomics)
- NEP-MIG-2011-10-15 (Economics of Human Migration)
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