Economics of Immigration

<p>The Economics of Immigration summarizes the best social science studying the actual impact of immigration which is found to be at odds with popular fears. Greater flows of immigration have the potential to substantially increase world income and reduce extreme poverty. Existing evidence indicates that immigration slightly enhances the wealth of natives born in destination countries while doing little to harm the job prospects or reduce the wages of most of the native-born population. Similarly although a matter of debate most credible scholarly estimates of the net fiscal impact of current migration find only small positive or negative impacts. Importantly current generations of immigrants do not appear to be assimilating more slowly than prior waves.</p>