Gatsios, Konstantine; Hatzipanayotou, Panos; Michael, Mike - C.E.P.R. Discussion Papers - 1996
The objective of this paper is to highlight the importance of the ‘public finance’ impact of international migration on wages and welfare. To this end, we construct a general equilibrium model of a labour-exporting (source) and a labour-importing (host) country with identical consumers,...