tailieunhanh - Lecture Macroeconomics (20/e): Chapter 23 - McConnell, Brue, Flynn
In this chapter, students will be able to understand: Interpret how macroeconomics studies both long-run economic growth and short-run fluctuations in output and unemployment; explain why economists focus on GDP, inflation, and unemployment when assessing the health of an entire economy. | Chapter 23 Immigration Copyright © 2015 McGraw-Hill Education. All rights reserved. No reproduction or distribution without the prior written consent of McGraw-Hill Education. This chapter describes the extent of legal and illegal immigration into the United States. We discuss why economists view economic immigration as personal human capital investment. We also attempt to explain how immigration affects average wages, resource allocation, domestic output, and group income shares. We relate how illegal immigration affects employment and discuss its impacts on state and local government budgets. Number of Immigrants Economic immigrants Legal immigrants Migration averaged 1 million per year Quotas, refugees, and H1-B provision One-third of population growth One-half of labor force growth LO1 This country was founded largely by immigrants and their descendants, yet when the subject of immigration comes up, the conversation can become very heated. The issues of immigration are many; . | Chapter 23 Immigration Copyright © 2015 McGraw-Hill Education. All rights reserved. No reproduction or distribution without the prior written consent of McGraw-Hill Education. This chapter describes the extent of legal and illegal immigration into the United States. We discuss why economists view economic immigration as personal human capital investment. We also attempt to explain how immigration affects average wages, resource allocation, domestic output, and group income shares. We relate how illegal immigration affects employment and discuss its impacts on state and local government budgets. Number of Immigrants Economic immigrants Legal immigrants Migration averaged 1 million per year Quotas, refugees, and H1-B provision One-third of population growth One-half of labor force growth LO1 This country was founded largely by immigrants and their descendants, yet when the subject of immigration comes up, the conversation can become very heated. The issues of immigration are many; the focus of this discussion will be economic. We start with some facts. H1-B allows for 65,000 skilled workers in “specialty occupations” to enter and work continuously for 6 years. In 2009, 65% of legal immigrants were family sponsored. Number of Immigrants LO1 This graph from the book shows the number of legal immigrants into the United States between 1980 and 2011. We can see that there was a large spike in the number of illegal immigrants in the early 1990s. Number of Immigrants Illegal immigrants Estimated from Census data 250,000 per year on average High proportion from Mexico and Central America Total of million residing in the . in 2012; 58% from Mexico LO1 We don’t know the exact number of illegal immigrants in the United States. The Census Bureau, through a residual approach process, takes the current number of all immigrants and subtracts the sum of past annual inflows of legal immigrants to make its estimate. Decision to Migrate Take advantage of .
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