Immigration and Unemployment : A Macroeconomic Approach. / Kiguchi, Takehiro; Mountford, Andrew.

In: Macroeconomic Dynamics, Vol. 23, No. 4, 06.2019, p. 1313-1339.

Research output: Contribution to journalArticlepeer-review




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 languageEnglish
Pages (from-to)1313-1339
Number of pages27
JournalMacroeconomic Dynamics
Issue number4
Early online date2 Oct 2017
Publication statusPublished - Jun 2019
This open access research output is licenced under a Creative Commons Attribution-NonCommercial-NoDerivs 3.0 Unported License.

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