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Immigration And Unemployment: A Macroeconomic Approach

Author

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  • Kiguchi, Takehiro
  • Mountford, Andrew

Abstract

This paper analyzes the effects of an unanticipated increase in immigration in a macroeconomic model with search and matching frictions. It shows how an immigration shock can lead to a temporary increase in unemployment under a variety of conditions and that this is qualitatively consistent with the responses from a VAR estimated on postwar US data.

Suggested Citation

  • Kiguchi, Takehiro & Mountford, Andrew, 2019. "Immigration And Unemployment: A Macroeconomic Approach," Macroeconomic Dynamics, Cambridge University Press, vol. 23(4), pages 1313-1339, June.
    • Handle: RePEc:cup:macdyn:v:23:y:2019:i:04:p:1313-1339_00
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    Citations

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    Cited by:

    1. Maffei-Faccioli, Nicolò & Vella, Eugenia, 2021. "Does immigration grow the pie? Asymmetric evidence from Germany," European Economic Review, Elsevier, vol. 138(C).
    2. Carmelo Pierpaolo Parello, 2022. "Migration and growth in a Schumpeterian growth model with creative destruction [A model of growth through creative destruction]," Oxford Economic Papers, Oxford University Press, vol. 74(4), pages 1139-1166.
    3. Guilherme Bandeira & Jordi Caballe & Eugenia Vella, 2019. "Fiscal Austerity and Migration: A Missing Link," Working Papers 2019009, The University of Sheffield, Department of Economics.
    4. Enzo Weber & Roland Weigand, 2018. "Identifying macroeconomic effects of refugee migration to Germany," Economics Bulletin, AccessEcon, vol. 38(2), pages 852-862.
    5. Benjamín García & Juan Guerra-Salas, 2020. "On the Response of Inflation and Monetary Policy to an Immigration Shock," Working Papers Central Bank of Chile 872, Central Bank of Chile.
    6. Stefan Schiman, 2021. "Labor Supply Shocks and the Beveridge Curve: Empirical Evidence from EU Enlargement," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 40, pages 108-127, April.
    7. Francesco Furlanetto & Orjan Robstad, 2019. "Immigration and the macroeconomy: some new empirical evidence," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 34, pages 1-19, October.
    8. Lozej, Matija, 2019. "Economic migration and business cycles in a small open economy with matching frictions," Economic Modelling, Elsevier, vol. 81(C), pages 604-620.
    9. Francesco Furlanetto & Orjan Robstad, 2019. "Immigration and the macroeconomy: some new empirical evidence," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 34, pages 1-19, October.
    10. Andrew Mountford & Jonathan Wadsworth, 2023. "‘Good jobs’, training and skilled immigration," Economica, London School of Economics and Political Science, vol. 90(359), pages 851-881, July.
    11. Carmelo Pierpaolo Parello, 2021. "Free labor mobility and indeterminacy in models of neoclassical growth," Journal of Economics, Springer, vol. 133(1), pages 27-46, June.
    12. Olovsson, Conny & Walentin, Karl & Westermark, Andreas, 2021. "Dynamic Macroeconomic Implications of Immigration," Working Paper Series 405, Sveriges Riksbank (Central Bank of Sweden), revised 01 May 2024.
    13. Guilherme Bandeira & Jordi Caballé & Eugenia Vella, 2018. "Should I stay or should I go? Austerity, unemployment and migration," Working Papers 1839, Banco de España.
    14. Ana María Tribín-Uribe & Achyuta Adhvaryu & Cesar Anzola-Bravo & Oscar Ávila-Montealegre & Leonardo Bonilla-Mejía & Juan Carlos Castro-Fernández & Luz A. Flórez & Ánderson Grajales-Olarte & Alexander , 2020. "Migración desde Venezuela en Colombia: caracterización del fenómeno y análisis de los efectos macroeconómicos," Revista ESPE - Ensayos sobre Política Económica, Banco de la Republica de Colombia, issue 97, pages 1-74, October.
    15. Franz Hamann & Cesar Anzola & Oscar Avila-Montealegre & Juan Carlos Castro-Fernandez & Anderson Grajales-Olarte & Alexander Guarín & Juan C Mendez-Vizcaino & Juan J. Ospina-Tejeiro & Mario A. Ramos-Ve, 2021. "Monetary Policy Response to a Migration Shock: An Analysis for a Small Open Economy," Borradores de Economia 1153, Banco de la Republica de Colombia.

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