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Migration interacts with the domestic labour market through the increase in labour supply from immigration when labour … economy where there is no migration, such mechanism can lead to a substantial amplification of business cycle fluctuations …
Persistent link: https://www.econbiz.de/10012625524
. For this purpose, they use a search and matching model with two sectors, a formal and an informal one. Native workers can …
Persistent link: https://www.econbiz.de/10012625494
rates. Using a small open economy model with search and matching frictions, endogenous migration and sticky prices, they … higher than in an economy without migration. However, these effects are significantly smaller than in the case of labour …
Persistent link: https://www.econbiz.de/10012625496
Llull presents a cross-country analysis of the impact of immigration on productivity and employment. Push-distance interactions provide relevant and exogenous variation for identification. Results suggest that a 1 percentage point increase in the share of immigrants in the population reduces GDP...
Persistent link: https://www.econbiz.de/10012625484