Immigrants keep prices down
Posted October 16th, 2007 by Tara Murray in MigrationEconomist Saul Lach found that immigrants keep prices low in a study of Jewish immigrants from the former Soviet Union in Israel (Washington Post). Lach’s study found that for every 1% increase in the ratio of immigrants to natives, prices go down by about 0.5%.
Citation: Saul Lach (2007). Immigration and prices. Journal of Political Economy 115(4): 548-587. (Available online to the Penn State community)
