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2.1 Growth rates of population and per capita GNP 17 2.2 Adjusted and unadjusted capital–labor ratios 26 2.3 Return on capital (percent) 29 2.4 Ratio of gross investment to capital stock 29 2.5 Total direct foreign investment in Israel ($millions in current prices) 30 2.6 Ratio of current account deficit to GDP 30 2.7 Simulated response to labor endowment shock (deviation from steady state) 33 2.8 Simulated response to labor endowment shock under various assumptions for capital adjustment costs (deviation from steady state) 34 3.1 Predicted proportion of male workers with 16+ years of schooling employed in occupation 1 62 3.2 Simulated wage-age profiles for native and immigrant males 66 3.3 Residual distributions for natives and immigrants with five or fewer years of experience 67 3.4 Residual distributions for natives and immigrants with six or more years of experience 68 3.5 Simulated wage-age profiles averaged over occupations for native and immigrant males 68 4.1 Actual choice distributions 80 4.2 Predicted choice distributions 104 4.3 Predicted unconditional choice distributions 108 List of Figures xiv List of Figures 4.4 Actual and predicted choice distributions during the ten-year period following arrival 153 5.1 Acceptance probabilities by years of schooling and minimal job requirements 180 5.2 Actual and predicted proportion of immigrants 184 5.3 Actual and predicted monthly transition probabilities 187 5.4 Simulated actual and potential annual earnings 191 7.1 Labor market integration of immigrants, repeated cross-sectional data 248 7.2 Unemployment rate of immigrants 249 7.3 Unemployment rate by schooling 251 7.4 Workers in WC jobs 252 7.5 Workers in WC jobs by schooling 253 7.6 Log hourly wages by schooling 255 7.7 Variance of log hourly wages by schooling 257 7.8 Log hourly wages by occupation 258 7.9 Variance of log hourly wages by occupation 259 7.10 Marital status of immigrants and natives 264 7.11 Marital status of immigrants, 1989 to 1991 cohorts 265 ...

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