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Table 15 Elasticity estimates (education and experience)

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

  

1940–1960

 

1940–1970

  

OLS

IV (Immig. component)

 

OLS

IV (Immig. component)

Experience

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

−0.26

−0.20

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

−0.23

−0.18

  

(0.03)

(0.03)

 

(0.04)

(0.03)

 

N

117

117

N

155

155

Education

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

−0.24

−0.28

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

−0.21

−0.25

  

(0.14)

(0.06)

 

(0.10)

(0.05)

 

N

15

15

N

20

20

  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