Giordani, Paolo; Ruta, Michele - Volkswirtschaftliche Fakultät, … - 2009
This paper revisits the puzzle of immigration policy: standard economic theory predicts that free immigration improves … the puzzle? We first review the model of immigration policy where the policy maker maximizes national income of natives … net of the tax burden of immigration (Borjas, 1995). We show that this model fails to provide realistic policy outcomes …