Distributional effects of immigration and imperfect labour markets

Arbeitspapier

We present evidence whereby immigration increases labour productivity while reducing the labour share, thus redistributing income from workers to employers. This result is unlikely in competitive markets with skill-neutral capital, where labour share is orthogonal to immigration shocks in the long run. Instead, our empirical evidence better matches predictions from imperfect labour market models where immigrant and native workers are heterogeneous in both skills and labour supply elasticities.

Angaben zum Objekt

• Sprache: Englisch

Verweise und Beziehungen

• Erschienen in: Series: CReAM Discussion Paper Series ; No. 01/23

Klassifikation und Themen

• Klassifikation: Wirtschaft ; Factor Income Distribution ; Labor Force and Employment, Size, and Structure ; Human Capital; Skills; Occupational Choice; Labor Productivity ; Monopsony; Segmented Labor Markets ; Geographic Labor Mobility; Immigrant Workers ; Empirical Studies of Economic Growth; Aggregate Productivity; Cross-Country Output Convergence
• Thema: Immigration ; Productivity ; Labour Share ; Imperfect Labour Markets ; FactorIncome Distribution

Beteiligte, Orts- und Zeitangaben

• Ereignis: Geistige Schöpfung
• (wer): Costas-Fernandez, Julian ; Lodato, Simon
• Ereignis: Veröffentlichung
• (wer): Centre for Research & Analysis of Migration (CReAM), Department of Economics, University College London
• (wo): London
• (wann): 2023

Weitere Informationen

• Letzte Aktualisierung: 10.03.2025, 11:41 MEZ