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The Effects of Immigration on the Economy: Lessons from the 1920s Border Closure

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NBER2019-12-01 更新2025-01-04 收录
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In the 1920s, the United States substantially reduced immigrant entry by imposing country-specific quotas. We compare local labor markets with more or less exposure to the national quotas due to differences in initial immigrant settlement. A puzzle emerges: the earnings of existing US-born workers

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2019-12-01
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