Logo Logo
Hilfe
Hilfe
Switch Language to English

Felbermayr, Gabriel und Kohler, Wilhelm K. (2007): Immigration and native welfare. In: International Economic Review, Bd. 48, Nr. 3: S. 731-760

Dies ist die neueste Version des Dokumentes.

Volltext auf 'Open Access LMU' nicht verfügbar.

Abstract

This article unifies two approaches for identifying the welfare and wage effects of immigration, one emphasizing the immigration surplus, the other stressing a potential welfare loss due to a terms-of-trade effect. We decompose the native welfare effect into a standard complementarity effect, augmented by a Stolper-Samuelson effect, and a terms-of-trade effect. We illustrate the welfare and wage effects of endogenous goods prices in a stylized-specific factors model. Finally, we calibrate this model to a generic OECD economy and provide simulation results. The key insight is that endogenous goods prices play a quantitatively important role, sometimes even overturning received results.

Alle Versionen dieses Dokumentes

Dokument bearbeiten Dokument bearbeiten