Weiske, Sebastian - In: Population growth and macroeconomics, (pp. 39-68). 2017
Population Survey (CPS). The dynamic responses to immigration shocks are estimated in a vector autoregression. Immigration shocks …, as well as technology shocks are identified through long-run restrictions. The responses to immigration shocks are … consistent with standard growth theory. Investment increases, while real wages fall in the short run. Overall, immigration has …