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

In: Macroeconomic Dynamics, 2017, p. 1-27.

Research output: Contribution to journalArticle




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)1-27
Number of pages27
JournalMacroeconomic Dynamics
Early online date2 Oct 2017
Publication statusPublished - 2017
This open access research output is licenced under a Creative Commons Attribution-NonCommercial-NoDerivs 3.0 Unported License.

ID: 27760178