ABSTRACT

Much of the economics of immigration focuses on how immigration affects specific markets, such as the labor market, the housing market, markets for tradable and nontradable goods and the public sector via fiscal effects. But the economics of immigration is much broader than those topics. Immigration may affect the happiness and health of immigrants and natives. It may encourage or discourage natives from acquiring more education, and it may increase or decrease the fertility rate. Immigration-induced changes in education levels or fertility rates have long-term fiscal implications. Immigration may affect the crime rate or be connected to human trafficking operations and drug cartels. This chapter introduces all of these exciting areas of on-going research in the economics of immigration.