consistent with standard growth theory. Investment increases, while real wages fall in the short run. Overall, immigration has … 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 …

Estimates of potential output growth for Australia, the United States and Canada are presented and analysed in this … (SIRG). At around 4 per cent per annum, Australia's SIRG has been relatively stable for the past 30 years, which seems … reduction in employment growth in Australia from the 1980s to the 1990s may account for the absence of a rise in potential …