Immigration and Unemployment: A Macroeconomic Approach

Takehiro Kiguchi; Andrew Mountford

doi:10.1017/S1365100517000244

Immigration and Unemployment: A Macroeconomic Approach

Takehiro Kiguchi
, Andrew Mountford

Department of Economics

Research output: Contribution to journal › Article › peer-review

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Abstract

This paper analyzes the effects of an unanticipated increase in immigration in a macroeconomic model with search and matching frictions. It shows how an immigration shock can lead to a temporary increase in unemployment under a variety of conditions and that this is qualitatively consistent with the responses from a VAR estimated on post-war US data.

Original language	English
Pages (from-to)	1313-1339
Number of pages	27
Journal	Macroeconomic Dynamics
Volume	23
Issue number	4
Early online date	2 Oct 2017
DOIs	https://doi.org/10.1017/S1365100517000244
Publication status	Published - Jun 2019

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10.1017/S1365100517000244

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Cite this

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