Immigration boosts innovation and wages in the US. The positive dynamic impact of immigration on innovation and wages dominates the short-run negative impact of increased labor supply. Increased immigration to the US since 1965 is estimated to have increased innovation and wages by 5%.

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Even the Penn-Wharton study added a caveat to its finding that deportations might raise low-skilled wages: High-skilled workers, who make up nearly two-thirds of the U.S. workforce, would likely see their own wages decline because they rely on low-skilled labor to maximize their productivity, according to its analysis.

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