EU Eastern Enlargement elicited a rise in (temporary) labour market oriented immi-gration to Germany starting in May …

operationalize this indirect fiscal effect in a model of immigration and the labor market. We derive closed-form expressions for this … effect that has previously been documented. This challenges the perception of low-skilled immigration as a fiscal burden. …

affect the nature of the immigration inflow can effectively reduce native income losses and dampen adjustment dynamics in … workers experience only a modest loss in expected discounted lifetime labor income of 1.38%. Per-period losses in native labor … income, however, are up to four times as large. The magnitude of income losses also depends on the initial location and labor …

Using German panel data, we assess the causal effect of job loss, and thus of an extensive income shock, on risk …