Why the drivers of migration matter for the labour market

Jed Armstrong and Chris McDonald
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Chris McDonald: Reserve Bank of New Zealand, http://www.rbnz.govt.nz

No AN2016/02, Reserve Bank of New Zealand Analytical Notes series from Reserve Bank of New Zealand

Abstract: Net immigration increases both labour demand and labour supply. Historical data suggests that the demand impact is larger than the supply impact, but in the current migration cycle the boost to net demand appears to be smaller than expected. This paper explores why the unemployment rate has been higher than expected, given the high level of net immigration.

Pages: p.19
Date: 2016-04
New Economics Papers: this item is included in nep-edu, nep-mig and nep-ure
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Citations: View citations in EconPapers (5)

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