Re:Let the Other 95% of Great Programmers In
by mvc on Friday December 26, 2014 @09:36PM
(#8801439)
> Increasing the availability of any kind of labor (whether ordinary programmers, or "great" programmers) always lowers the price, and if it didn't lower the price, there would be no effect.
It turns out that high-wage employees (e.g. software developers) actually benefit from high immigration because of the resulting increase in capital inflows.
Re:Let the Other 95% of Great Programmers In
by swatow on Friday December 26, 2014 @09:45PM
(#8801467)
Sure, my claims are actually consistent with this result. I was describing a partial equilibrium effect while the paper is describing a general equilibrium effect.
It turns out that high-wage employees (e.g. software developers) actually benefit from high immigration because of the resulting increase in capital inflows.
http://www.nber.org/papers/w12497