Economic, Demographic, and fiscal effects of Immigration Research Paper - 1

Economic, Demographic, and fiscal effects of Immigration - Research Paper Example At the beginning of the new millennium, global migration patterns changed dramatically from those from the last millennium. The 19th and 20th centuries witnessed massive immigration resulting in assimilation and association in terms of economic and social aspects of the host country. The examination of the effects of immigration on employment, as well as wage outcomes of resident workers remains one of the most pertinent concerns in the immigration debate. The possibility that shifts in the composition, as well as size of the demographic layout, could adversely impact the labor force as a consequence of immigration is quite compatible with theoretical models. As a consequence, research on demographic, fiscal and economic effects of immigration, for instance, effects on employment and wage are the core areas of research in immigration. Available literature, save for a few exceptions, points out that immigration has quite a minimal or no effect on the economy of the host country (Friedberg and Hunt 1995, 31). This paper will use suitable data sources to address a myriad of issues on the theoretical level to provide a comprehensive picture of the manner in which immigration impacts the financial and social environment of the host country, taking into account the situation in the US. The substantive number of immigrants residing in the US necessitates this research. As of 2002, 32.5 million immigrants resided in the US. The purpose of thi s paper is to investigate the economic, fiscal and demographic effects of immigration. This investigation entails responding to a number of questions, which include the following: Strong views regarding the value of immigration, or lack thereof has always been a pressing issue. Inclusive research, which attempts to examine the full scope of fiscal, demographic and economic implications of immigration, is a significant undertaking that has been