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Net Migration and the Macroeconomy: Inflation and Output Effects

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  • Simon Kirby
  • Rebecca Riley

Abstract

Since the last NIESR forecast in October the Government Actuary's Department (GAD) has released new projections of the UK population. In comparison to previous projections these show substantial upward revisions to growth in the population of working age and to total population growth from 2005 to 2007. From 2008 and onwards there have been smaller upward revisions. Figure 1 illustrates the profile for growth in the population of working age implied by both the GAD 2003-based and the most recent GAD 2004-based mid-year projections.
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  • Simon Kirby & Rebecca Riley, 2006. "Net Migration and the Macroeconomy: Inflation and Output Effects," National Institute Economic Review, National Institute of Economic and Social Research, vol. 195(1), pages 60-62, January.
    • Handle: RePEc:sae:niesru:v:195:y:2006:i:1:p:60-62
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