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

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

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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 languageEnglish
Pages (from-to)1-27
Number of pages27
JournalMacroeconomic Dynamics
Early online date2 Oct 2017
DOIs
Publication statusPublished - 2017
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