This paper examines empirically the interaction between immigration and host country economic conditions. We employ …

Recent European legislation on immigration has revealed a particular paradox on migration policies. On the one hand … controls the information related to the immigration stock it could delay the mass entry of immigrants, maintaining the required … stock in the long run and controlling the flows in the short-run. -- immigration ; real option …

Existing migrant networks play an important role in explaining the size and structure of immigration flows. They affect … the probability of potential migrants to obtain a visa through family reunification programs ("immigration policy" channel … illustration based on US immigration data by metropolitan area and country of origin. First, we show that the overall network …

We study the effects of immigration on native welfare in a general equilibrium model featuring two skill types, search … studied, immigration attenuates the effects of search frictions. These gains tend to outweigh the welfare costs of … redistribution. Immigration has increased native welfare in almost all countries. Both high-skilled and low-skilled natives benefit …

. However, the growth impact of immigration is small even in countries that have highly selective migration policies. …

We investigate the welfare implications of two pre-crisis immigration waves (1991–2000 and 2001–2010) and of the post … channels of transmission of immigration shocks - the employment and wage effects, the fiscal effect, and the market size effect …-country heterogeneity in the economic benefits from immigration. …