Skill, Innovation and Wage Inequality: Can Immigrants be the Trump Card?
DC Field | Value | Language |
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dc.contributor.author | Gouranga G. Das | - |
dc.contributor.author | Marjit, Sugata | - |
dc.contributor.author | Kar, Mausumi | - |
dc.date.accessioned | 2021-06-22T09:42:52Z | - |
dc.date.available | 2021-06-22T09:42:52Z | - |
dc.date.issued | 2019-10 | - |
dc.identifier.issn | 1617-9595 | - |
dc.identifier.issn | 2364-1428 | - |
dc.identifier.uri | https://scholarworks.bwise.kr/erica/handle/2021.sw.erica/2392 | - |
dc.description.abstract | With the ensuing immigration reform in the US, the paper shows that targeted skilled immigration into the R&D sector that helps low-skilled labor is conducive for controlling inequality and raising wage. Skilled talent-led innovation could have spillover benefits for the unskilled sector while immigration into the production sector will always reduce wage, aggravating wage inequality. In essence, we infer: (i) if R&D inputs contributes only to skilled sector, wage inequality increases in general; (ii) for wage gap to decrease, R&D sector must produce inputs that goes into unskilled manufacturing sector; (iii) even with two types of specific R&D inputs entering into the skilled and unskilled sectors separately, unskilled labor is not always benefited by high skilled migrants into R&D-sector. Rather, it depends on the importance of migrants' skill in R&D activities and intensity of inputs. Inclusive immigration policy requires inter-sectoral diffusion of ideas embedded in talented immigrants targeted for innovation. Empirical verification using a VAR regression model in the context of the USA confirms the conjectures, and the empirical results substantiates our policy-guided hypothesis that skilled immigration facilitates innovation with favorable impact on reducing wage-gap. | - |
dc.format.extent | 39 | - |
dc.language | 영어 | - |
dc.language.iso | ENG | - |
dc.publisher | Ifo Institute for Economic Research Center for Economic Studies | - |
dc.title | Skill, Innovation and Wage Inequality: Can Immigrants be the Trump Card? | - |
dc.type | Article | - |
dc.publisher.location | 독일 | - |
dc.identifier.bibliographicCitation | CESifo Working Papers, no.7794, pp 1 - 39 | - |
dc.citation.title | CESifo Working Papers | - |
dc.citation.number | 7794 | - |
dc.citation.startPage | 1 | - |
dc.citation.endPage | 39 | - |
dc.description.isOpenAccess | N | - |
dc.description.journalRegisteredClass | foreign | - |
dc.subject.keywordAuthor | H1B | - |
dc.subject.keywordAuthor | immigration | - |
dc.subject.keywordAuthor | innovation | - |
dc.subject.keywordAuthor | wage gap | - |
dc.subject.keywordAuthor | skill | - |
dc.subject.keywordAuthor | R&amp | - |
dc.subject.keywordAuthor | D | - |
dc.subject.keywordAuthor | policy | - |
dc.subject.keywordAuthor | RAISE Act | - |
dc.subject.keywordAuthor | VAR | - |
dc.identifier.url | https://papers.ssrn.com/sol3/papers.cfm?abstract_id=3468023 | - |
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