Malchow-møller, Nikolaj; Skaksen, Jan Rose - In: The Journal of International Trade & Economic Development 23 (2014) 5, pp. 682-709
Despite the fact that migration flows have always been closely related to business cycles, the effects of immigration are typically analysed in models without economic fluctuations. In this paper, we find that the welfare consequences of business-cycle-induced immigration are very different from...