000			01480nas a2200229Ia 4500
008			240628c99999999xx |||||||||||| ||und||
022			_a1945-7731
100			_a Sachs, Dominik _9119214
100			_aColas, Mark _9119215
245		4	_aThe Indirect Fiscal Benefits of Low-Skilled Immigration
260			_bAmerican Economic Journal: Economic Policy
260			_c2024
300			_a515-550
520			_aLow-skilled immigrants indirectly affect public finances through their effect on resident wages and labor supply. We operationalize this indirect fiscal effect in a model of immigration and the labor market. We derive closed-form expressions for this effect in terms of estimable statistics. An empirical quantification for the United States reveals an indirect fiscal benefit for one average low-skilled immigrant of roughly _750 annually. The indirect fiscal benefit may outweigh the negative direct fiscal effect that has previously been documented. This challenges the perception of low-skilled immigration as a fiscal burden.
650			_a Immigrant Workers, Labor Standards: Labor Force Composition _9119216
650			_a includes inheritance and gift taxes, State and Local Government: Health _9119217
650			_a Labor Productivity, Geographic Labor Mobility _9119218
650			_a Non-labor Discrimination, Human Capital _9119219
650			_aEconomics _92
650			_aEducation
856			_uhttps://www.aeaweb.org/articles?id=10.1257/pol.20220176
999			_c133393 _d133393