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JackYoustrayesterday at 5:27 AM0 repliesview on HN

mariel boatlift study found that even with a 7% short-term supply shock to labor concentrated in only miami in only low wage work led to no disruption in either employment or wages: https://davidcard.berkeley.edu/papers/mariel-impact.pdf

lump of labor simply never happens. I know it's fashionable to say 'wage suppression' but wages mostly reflect productivity in competitive AND deregulated markets!