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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2024年12月20日 星期五 新京报

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By Will Standring and Alice Gledhill

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Add a cluster of points in one corner and watch that corner subdivide deeply while the rest of the space stays untouched. Then scatter a few points across the empty region and watch it split only where needed. The tree grows around the data.