Skilled migration boosts innovation
A recent paper by McGill University's Jennifer Hunt to an NBER labour studies programme conference asks whether the increase in foreign-born college graduates has contributed to innovation in the United States. Her paper, How Much Does Immigration Boost Innovation? (PDF), finds that it does:
In this paper I have demonstrated the important boost to innovation per capita provided by skilled immigration to the United States in 1950-2000. A calculation of the effect of immigration in the 1990-2000 period puts the magnitudes of the effects in context.
The 1990-2000 increase from 2.2% to 3.5% in the share of the population composed of immigrant college graduates increased patenting by at least 81:3 = 10:4%, and perhaps by as much as 18%. The increase in the share of post-college immigrants from 0.9% to 1.6% increased patenting by at least 10.5% and perhaps by as much as 24%. The increase from 0.30% to 0.55% in the share of workers who are immigrant scientists and engineers increased patenting by at least 13% but probably by less than 23%.
While I find evidence for the crowding-out of natives in the short run, in the long run there is evidence for the reverse: that skilled natives are attracted to states or occupations with skilled immigrants. The results hint that skilled immigrants innovate more than their native counterparts, especially if they are scientists or engineers. If correct, the result could reflect higher education of immigrants within skill categories, or positive selection of immigrants in terms of ability to innovate. However, the effect of natives is not as well identified econometrically as the effect of immigrants.
These findings suggest there are clear merits in adopting policies to both attract foreign students and to retain them once they have completed their studies (as the UK and Australia, among others, currently do).






I must say, the quality of discourse in this country has taken a sharp plunge of late, not only among the ruffians and ne'er-do-wells from whom one expects coarse speech, but among gentlemen of letters and esteem. I have, with my own ears, several times in the past week, heard the elder sons of prominent families introduce into mixed company subjects formerly reserved for private discussion among gentlemen. It pains me even to raise this point, but following a string of recent events, there is no question that the adage bears repeating: A gentleman ought never to disclose who sucked him off.
This needn't mean a gentleman must limit the discussion of his exploits to his journal. If a gentleman has met a young lady and taken her to his digs, it is his right and privilege to tell his friends and coworkers about the encounter. However, it is the mark of a true gentleman to omit his lady friend's name from the discussion of her pussy's tightness.
Why, I had assumed that this custom and others like it were universal and well understood, but as long as I am spelling out the Rules of the Gentleman, allow me to introduce several other equally important but oft-neglected guidelines.
Should a gentleman find himself alone with a lady, he should not simply undo his pants and come in her hole. A gentleman knows that it is good manners to coax his lady friend's heels as far above her head as they will go, to "split the reed," and perhaps to turn his lady over and give it to her "doggy style." A gentleman knows that a true lady enjoys a moderate amount of hair-pulling and ass-grabbing, taking these attentions as marks of affection and virility. However, a gentleman knows where to draw the line. He never lodges his lady friend's head between the couch cushions.
A gentleman occasionally will have more than one guest at his home. Should he see that jealousy is breeding between the two ladies whom he is hosting, a gentleman does not say, "Whoa, ladies, there's enough of me to go around!" The gentleman, valuing decorum and discretion above all else in his paramours, gently guides his guests' heads from his penis and informs them that if they do not act like ladies, he will have to ask them both to leave.
When up to his nuts in a lady's guts, a gentleman knows that it is quite impolite to smoke, talk politics, or take phone calls. Should his cell phone ring, the gentleman says, "Excuse me, I need to take this." He withdraws his penis from his lady friend and keeps his phone conversation brief. When he has completed his call, a gentleman gently reinserts his dick into his lady.
Of course, a gentleman who is not a smoker keeps an ashtray on his balcony for his lady friends who wish to smoke.
It should go without saying that, once he has arranged for a paid lady of the night to meet him at his home, a gentleman does not jerk off several times while awaiting her arrival, in order to "get his money's worth."
A gentleman knows that accidents happen. While it is an unfortunate and boorish behavior that should be kept to a minimum, a gentleman always apologizes to a lady after he mistakenly shoots his load inside of her.
A gentleman never comes in a lady's eyes.
While he knows that a lady gets pleasure out of pleasuring him, and he will occasionally increase the intensity of that pleasure by gentle force, a gentleman will never choke a woman on his cock.
If a gentleman wishes to attend to a lady's pleasure through oral manipulation, no matter what the state of affairs below, he always politely completes his task. A gentleman ought never to fan his hand in the air, grimace and make a show of removing a pubic hair from his teeth, or compare his lady friend's vulva to two strips of partially grilled fajita meat.
A gentleman knows that it is considered good manners to have an unopened toothbrush on hand for his lady friend, in the event that she should like to freshen up after eating his ass.
Breeding needn't amount to priggishness. On the contrary, a gentleman knows that good old-fashioned manners will likely increase his social engagements, once word gets out that he is not one to splooge and tell. But I beg the reader, for the sake of tradition and all that is decent, to remember that a true gentleman does not ever, under any circumstances, go ass to mouth.
Posted by: Charles Dubno | Monday, May 26, 2008 at 01:05 AM
Saudi Arabia has already boosted its production by 300,000 barrels a day, or about 3 percent, to 9.45 million barrels a day last month. But that has had little impact on soaring prices. Oil futures in New York have gained more than 40 percent this year. They rose 2 percent to $134.62 a barrel before the meeting on Friday.
very interesting: Will the market implode or rally??
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The questions is how easy is it to attract skilled immigration? as opposed to just allowing any level of skilled immigrant
Posted by: Tejvan Pettinger | Wednesday, July 02, 2008 at 04:59 PM
Other studies in the past few years in the US have come to similar conclusions concerning the origins of business owners. Its no surprise here in Cambridge either, many of the top innovative firms are owned by 'incomers' to the city, many from abroad who were either based at the university or attracted by the vibrant technology and entrepreneurial climate here.
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Die dramatische Schieflage der beiden Hypothekengiganten Fannie Mae und Freddie Mac zeigt das ganze Ausmaß der Häuserkrise in den USA. Sie war der Auslöser der Turbulenzen an den Finanzmärkten und der inzwischen weltweiten Wirtschaftskrise. Auch beim etwas kleineren Wettbewerber Freddie Mac wird in den nächsten Tagen ein erneut hoher Milliardenverlust erwartet.
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