There is no simple answer to the question of the potential impact of migration on the EU economy. EU migration policy is expected to meet the requirements of economic and social policy, in particular of the Lisbon Agenda, as well as national cultural, political, strategic and security...

This paper discusses free immigration to regulated labour markets (as in Europe) and to unregulated labour markets (as in the US), and explores the implications for migration flows of collective agreements, employment protection laws, product market regulations etc. It is argued that the...