@panmisthropist
1/ I took the Income data and sweated it a bit harder...
Looked at what effect does 100K of net immigration LAST year have on the wage rise for each income decile this year.
I looked seperately at:
Total net immigration (Non-EU, EU27 & Brits)
Brits
EU
Non-EU
1/ I took the Income data and sweated it a bit harder...
Looked at what effect does 100K of net immigration LAST year have on the wage rise for each income decile this year.
I looked seperately at:
Total net immigration (Non-EU, EU27 & Brits)
Brits
EU
Non-EU
2/ Observations:
1. The correlation numbers are all very low ( a figure of 1 means perfectly correlated; a figure of 0.1 means only 10% of the changes in Y are down to changes in X).
2. The sums involved are tiny - pennies.
3. Draw your own conclusiosns vis a vis EU v non EU.
1. The correlation numbers are all very low ( a figure of 1 means perfectly correlated; a figure of 0.1 means only 10% of the changes in Y are down to changes in X).
2. The sums involved are tiny - pennies.
3. Draw your own conclusiosns vis a vis EU v non EU.
3/ Caveats:
The analysis has not been normalised for age ( younger people earn less generally; a bunch of 26 year old immigrants will bring down the average for a decile just by joining it, without affecting the existing members wages at all!)
The analysis has not been normalised for age ( younger people earn less generally; a bunch of 26 year old immigrants will bring down the average for a decile just by joining it, without affecting the existing members wages at all!)
4/ More Caveats
The very low correlation values mean the whole analysis is a bit of a nonsense anyway - like comparing the effect of different profile wing mirrors on cars' top speeds without taking into account one is a 1.4l diesel and the other is 4.0l V8.
/End
The very low correlation values mean the whole analysis is a bit of a nonsense anyway - like comparing the effect of different profile wing mirrors on cars' top speeds without taking into account one is a 1.4l diesel and the other is 4.0l V8.
/End
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