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We study the effects of immigration on native welfare in a general equilibrium model featuring two skill types, search frictions, wage bargaining, and a redistributive welfare state. Our quantitative analysis suggests that, in all 20 countries studied, immigration attenuates the effects of...
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lower structural rate of unemployment. We establish this fact using: (i) panel data from 20 OECD countries, (ii) cross …-sectional data on a larger set of countries. The time structure of the panel data allows us to deal with endogeneity concerns …
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institutional variables? In this paper, we generalize F&R's geography-based empirical strategy to a panel setting. We observe that … in panel setups where it is possible to fully control for geographical and historical determinants of countries … disasters ; instrumental variable estimation ; panel econometrics …
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