Large immigration flows during the 1995-2007 period increased the weight of foreigners living in Spain to 12 % of the …

Spain is one of the European countries where immigration flows during the last decade have increased noticeably. The … Spanish labor market institutions and the Spanish immigration policy exhibit some peculiarities which may be relevant when … analyzing the impact of immigration. This paper provides a first approximation to the labor market effects of immigrants in …

flatter. We argue that this favorable evolution is largely due to the huge rise in the immigration rate, from 1% of the … population in 1994 to 9.3% in 2006. We derive a New Keynesian Phillips curve accounting for the effects of immigration, a …