the assumption that wages respond to a change in the unemployment rate, albeit imperfectly. This allows one to derive the … through immigration increases the aggregate unemployment rate by less than 0.1 percentage points and reduces average wages by … less 0.1 percent. While native workers benefit from increased wages and lower unemployment, foreign workers are adversely …

bargaining, minimum wages, employment protection and unemployment benefits affect the way in which wages respond to labor supply … decline with the unemployment rate, albeit imperfectly. We find that wage flexibility is substantially higher in the UK … compared to Germany and, in particular, Denmark. As a consequence, immigration has a much larger effect on the unemployment …

This paper investigates immigrants' and natives' labour supply to the firm within a semi-structural approach based on a … find that once accounting for unobserved worker heterogeneity immigrants supply labour less elastically to firms than … immigrants thereby accounting for almost the entire unexplained native-immigrant wage differential of 2.9-5.9 log points. Our …