Arbeitspapier
Distributional effects of immigration and imperfect labour markets
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.
- Sprache
-
Englisch
- Erschienen in
-
Series: CReAM Discussion Paper Series ; No. 01/23
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
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
Productivity
Labour Share
Imperfect Labour Markets
FactorIncome Distribution
Ereignis
Geistige Schöpfung
(wer)
Costas-Fernandez, Julian
Lodato, Simon
Lodato, Simon
Ereignis
Veröffentlichung
(wer)
Centre for Research & Analysis of Migration (CReAM), Department of Economics, University College London
(wo)
London
(wann)
2023
- Letzte Aktualisierung
-
20.09.2024, 08:24 MESZ
Objekttyp
- Arbeitspapier
Beteiligte
- Costas-Fernandez, Julian
- Lodato, Simon
- Centre for Research & Analysis of Migration (CReAM), Department of Economics, University College London
Entstanden
- 2023
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