|Felbermayr, Gabriel; Kohler, Wilhelm K. (2007): Immigration and native welfare. In: International Economic Review, Vol. 48, No. 3: pp. 731-760|
This is the latest version of this item.
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.
Economics > Chairs > CESifo-Professorship for International Trade
|Subjects:||300 Social sciences > 330 Economics|
|Deposited On:||15. Apr 2014 09:00|
|Last Modified:||29. Apr 2016 09:17|
Available Versions of this Item
Immigration and native welfare. (deposited 15. Apr 2014 09:00)
- Immigration and native welfare. (deposited 15. Apr 2014 09:00) [Currently Displayed]