The Great Mariel Boatlift Debate: Does Immigration Lower Wages?

6/16/2017 - Professor of Economics Giovanni Peri in the Wall Street Journal.

In the spring and summer of 1980, some 125,000 Cuban refugees sailed from the port town of Mariel on fishing boats and pleasure craft toward the U.S., many destined to settle in Miami.

Nearly four decades later, that exodus is at the center of an unresolved, sometimes bitter argument among economists, hinging on a basic question: When foreigners come to the U.S., does their presence drive down the wages of native workers?

Read the full story in the Wall Street Journal.