Full metadata record
DC Field | Value | Language |
---|---|---|
dc.contributor.author | Das, Gouranga G. | - |
dc.date.accessioned | 2019-12-06T04:12:12Z | - |
dc.date.available | 2019-12-06T04:12:12Z | - |
dc.date.issued | 2019-08 | - |
dc.identifier.citation | CESifo Forum, Page. 1-39 | en_US |
dc.identifier.uri | https://papers.ssrn.com/sol3/papers.cfm?abstract_id=3468023 | - |
dc.identifier.uri | https://repository.hanyang.ac.kr/handle/20.500.11754/117839 | - |
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. | en_US |
dc.language.iso | en_US | en_US |
dc.publisher | Ifo Institute for Economic Research | en_US |
dc.subject | H1B | en_US |
dc.subject | immigration | en_US |
dc.subject | innovation | en_US |
dc.subject | wage gap | en_US |
dc.subject | skill | en_US |
dc.subject | R&D | en_US |
dc.subject | policy | en_US |
dc.subject | RAISE Act | en_US |
dc.subject | VAR | en_US |
dc.title | Skill, Innovation and Wage Inequality: Can Immigrants be the Trump Card? | en_US |
dc.type | Article | en_US |
dc.relation.page | 1-39 | - |
dc.relation.journal | CESifo Forum | - |
dc.contributor.googleauthor | Das, Gouranga G. | - |
dc.contributor.googleauthor | Marjit, Sugata | - |
dc.contributor.googleauthor | Kar, Mausumi | - |
dc.relation.code | 2019012947 | - |
dc.sector.campus | E | - |
dc.sector.daehak | COLLEGE OF BUSINESS AND ECONOMICS[E] | - |
dc.sector.department | DIVISION OF ECONOMICS | - |
dc.identifier.pid | ggd | - |
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