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› People › Costas Arkolakis, Sun Kyoung Lee, Michael Peters
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Costas Arkolakis, Sun Kyoung Lee, Michael Peters
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Finance
finance · Forbes
Immigrant inflows during the Age of Mass Migration (1880–1920) led to an 8.2% higher U.S. GDP per capita by 1940, according to a National Bureau of Economic Research study by Costas Arkolakis (Yale), Sun Kyoung Lee (Univ. of Michigan), and Michael Peters (Yale).
“We find that the inflow of immigrants during the Age of Mass Migration played an important role in U.S. innovation and growth: without the inflow of international migrants between 1880 and 1920, aggr…”
8.2 %
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