Giovanni Peri quoted in Business Insider regarding the historical consequences of accepting refugees

An article published by the Business Insider quotes Professor Giovanni Peri and Yasil Vasenov's analysis of the last time the United States accepted refugees, which was during the Mariel Boatlift. The boatlift was a mass emigration of Cubans who departed from Cuba's Mariel Harbor for the United States between April 15 and October 31, 1980.

The article writes: "Looking back on the time period, the researchers found that both in the short and long-term there were no negative effects on the wages or employment status of native low-skill Miamians." The research quoted in the article further stipulates that massive numbers of refugees can be integrated economically successfully.

Read the full article here