TY - SER AU - Sachs, Dominik AU - Colas, Mark TI - The Indirect Fiscal Benefits of Low-Skilled Immigration SN - 1945-7731 PB - American Economic Journal: Economic Policy KW - Immigrant Workers, Labor Standards: Labor Force Composition KW - includes inheritance and gift taxes, State and Local Government: Health KW - Labor Productivity, Geographic Labor Mobility KW - Non-labor Discrimination, Human Capital KW - Economics KW - Education N2 - Low-skilled immigrants indirectly affect public finances through their effect on resident wages and labor supply. We operationalize this indirect fiscal effect in a model of immigration and the labor market. We derive closed-form expressions for this effect in terms of estimable statistics. An empirical quantification for the United States reveals an indirect fiscal benefit for one average low-skilled immigrant of roughly UR - https://www.aeaweb.org/articles?id=10.1257/pol.20220176 ER -