The Indirect Fiscal Benefits of Low-Skilled Immigration†

• 成果类型: Article
• 署名作者: Colas, Mark; Sachs, Dominik
• 署名单位: University of Oregon; University of St Gallen
• 刊物名称: AMERICAN ECONOMIC JOURNAL-ECONOMIC POLICY
• ISSN/ISSBN: 1945-7731
• DOI: 10.1257/pol.20220176
• 发表日期: 2024
• 页码: 515-550
• 关键词: impact; MARKET; wages; US; elasticities

摘要

Low -skilled immigrants indirectly affect public finances through their effect on resident wages and labor supply. We operationalize this indirect fiscal effect in a model of immigration and the labor market. We derive closed -form expressions for this effect in terms of estimable statistics. An empirical quantification for the United States reveals an indirect fiscal benefit for one average low -skilled immigrant of roughly $750 annually. The indirect fiscal benefit may outweigh the negative direct fiscal effect that has previously been documented. This challenges the perception of low -skilled immigration as a fiscal burden. ( JEL H24, H75, J15, J24, J61, J82 )