Immigration_fall2009

Immigration_fall2009 - Ec183, Fall 2009 Prof. Boustan...

Info iconThis preview shows pages 1–4. Sign up to view the full content.

View Full Document Right Arrow Icon
1 Ec183, Fall 2009 Prof. Boustan Agenda for today • Finish material on income inequality – especially section on 19 th century • Lecture on immigration Review from last class • Inequality declined in first half of 20 th century. Supply of skilled workers outstripped demand. High school movement increased number of skilled workers and border closure reduced number of low-skilled. • Inequality increased from 1970-2000 with skill-biased technical change (esp. computerization). Demand for skill outpaced supply. • TODAY: I will argue that inequality rose from the founding of the nation to the late 19 th century. The conclusions are more tenuous because of lack of data.
Background image of page 1

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
2 The Kuznets Curve Some measure of Inequality * * * * * * * * * * * * * * * * * Level of Development (e.g., income/capita) 1800 1820 1840 1860 1880 1900 1920 1940 1960 1980 2000 1.0 1.5 2.0 2.5 3.0 3.5 4.0 4.5 hypothetical actual Bryce de Tocqueville Kuznets Hypothetical and actual 90/10 ratios (income) Kuznets
Background image of page 2
3 “Data” for the 19 th century DeTocqueville (1830s) “Nothing struck me more forcibly than the general equality of condition among the people.” “Among a democratic people, where there is no hereditary wealth, every many works to earn a living….Labor is held in honor; the prejudice is not against it but in its favor.” 1800 1820 1840 1860 1880 1900 1920 1940 1960 1980 2000 1.0 1.5 2.0 2.5 3.0 3.5 4.0 4.5 hypothetical actual Bryce de Tocqueville Kuznets “Data” for the 19 th century Bryce (1880s) “Sixty years ago there were no great fortunes in America, few large fortunes, no poverty. Now there is some poverty…and a greater number of gigantic fortunes than in any other country of the world.” “The profusion of…elementary schools tends to raise the mass to a higher point than in Europe… [But] there is an increasing class that has studied at the best universities. It appears that equality has
Background image of page 3

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
Image of page 4
This is the end of the preview. Sign up to access the rest of the document.

This note was uploaded on 01/25/2010 for the course ECON 183 taught by Professor Boustan during the Fall '09 term at UCLA.

Page1 / 13

Immigration_fall2009 - Ec183, Fall 2009 Prof. Boustan...

This preview shows document pages 1 - 4. Sign up to view the full document.

View Full Document Right Arrow Icon
Ask a homework question - tutors are online