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Jason Furman: belief

26 Aug 2020 Conversations with Tyler Jason Furman on Productivity, Competition, and Growth

“Not only do they patent, but Jennifer Hunt found that the Americans end up patenting more when they’re in the presence of those immigrants. This is something where I think we have a good enough set of micro data.”

— Jason Furman

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Speaker
Jason Furman
Attribution
Verified speaker
Claim type
belief
Recorded
26 Aug 2020
Publisher
Conversations with Tyler

Transcript context

…I’m all for more immigration. But don’t you find it strange that the relatively high-productivity ’50s and ’60s have a fairly limited number of immigrants? Some of them contribute a great deal. Einstein, right? Simple example. The productivity shortfall comes right after we increase immigration a lot. So maybe it’s not the number-one factor? Is it the number-one factor in the slowdown? Probably not. But we have a lot of micro evidence — papers that take a look at what happens when immigrants come. Not only do they patent, but Jennifer Hunt found that the Americans end up patenting more when they’re in the presence of those immigrants. This is something where I think we have a good enough set of micro data. We don’t need to use macro decades to try to make inferences. What about YIMBY as a way of raising productivity growth? Let everyone move to Oakland or maybe even San Francisco. Would that help a great deal?…

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