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Migrant Age Profiles and Long‐Run Living Standards in Australia

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  • Nick Parr
  • Ross Guest

Abstract

The age profile of immigration to Australia can be altered by public policies. This article applies a method of valuing long term population paths in order to evaluate alternative immigrant age profiles based on a proxy indicator of living standards over time for Australia. Results show that the variation in value of the population path follows an inverted U‐shape by immigrant's age. The strength of preference between immigrants aged 20–29 years and older working age immigrants reduces as the social discount rate increases. Higher life expectancy and lower fertility accentuate preference for younger working age immigrants.

Suggested Citation

  • Nick Parr & Ross Guest, 2020. "Migrant Age Profiles and Long‐Run Living Standards in Australia," Australian Economic Review, The University of Melbourne, Melbourne Institute of Applied Economic and Social Research, vol. 53(2), pages 183-197, June.
    • Handle: RePEc:bla:ausecr:v:53:y:2020:i:2:p:183-197
    DOI: 10.1111/1467-8462.12356
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    References listed on IDEAS

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    Cited by:

    1. Nick Parr, 2023. "Immigration and the prospects for long-run population decreases in European countries," Vienna Yearbook of Population Research, Vienna Institute of Demography (VID) of the Austrian Academy of Sciences in Vienna, vol. 21(1), pages 181-209.

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