The immigration safety valve: keeping a lid on inflation.

Immigration has been a central component of America's economic success in the 1990s. The large, consistent influx of foreign workers from the likes of India and Mexico adds enough people to the economy to ease the pressure on wages. If it were not for this incoming workforce, wages would rise quic...

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Publicado en:Foreign Affairs Vol. 79; no. 2; pp. 13 - 17
Autor principal: Richter, Stephan-Götz
Formato: Artículo
Publicado: Foreign Affairs March/April 2000
Materias:
Acceso en línea:Ver este registro en EBSCOhost
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        United States emigration & immigration
        United States economy
        Economic impact of emigration & immigration
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          United States emigration & immigration
          United States economy
          Economic impact of emigration & immigration
      ab: Immigration has been a central component of America's economic success in the 1990s. The large, consistent influx of foreign workers from the likes of India and Mexico adds enough people to the economy to ease the pressure on wages. If it were not for this incoming workforce, wages would rise quickly, with too much money being allocated to too few workers and goods, and inflation would accelerate, with the Federal Reserve then having to increase interest rates. All this would mean a smaller and weaker U.S. economy.
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