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Table 13 Elasticity estimates (black-white)

From: Immigration and wages: new evidence from the African American Great Migration

  

1940–1960

 

1940–1970

Wage sample

 

OLS

IV (Immig. component)

IV (National stock)

 

OLS

IV (Immig. component)

IV (National stock)

All

\(-\sigma _{r}^{-1}\)

−0.22

−0.10

−0.20

\(-\sigma _{r}^{-1}\)

−0.13

−0.05

−0.16

  

(0.09)

(0.11)

(0.10)

 

(0.06)

(0.08)

(0.06)

 

N

117

117

117

N

155

155

155

Natives

\(-\sigma _{r}^{-1}\)

−0.18

−0.19

−0.16

\(-\sigma _{r}^{-1}\)

−0.14

−0.12

−0.16

  

(0.09)

(0.11)

(0.13)

 

(0.05)

(0.07)

(0.07)

 

N

117

117

117

N

156

155

156

  1. Notes: “Immig. component” refers to the immigrant component of labor supply and “National stock” refers to the labor supply among all Southern-born workers (including those living in the North). Except where noted, wages and labor supplies are measured using all Northern labor. Standard errors for the estimates of σ i , σ r , and σ x are clustered by education-experience group (or race-education-experience groups for models that pool both races); standard errors for σ e are heteroskedasticity-robust. All regressions are weighted by the number of observations used to construct the dependent variable
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