Migration and investment: a business cycle perspective
Chantal Fusshoeller and
Annual Conference 2017 (Vienna): Alternative Structures for Money and Banking from Verein für Socialpolitik / German Economic Association
This paper addresses the dynamic effects of a migration inflow on the host country. In particular, we focus on the role of skill composition and investment behaviour of migrants and show how these affect labour supply and investment behaviour of natives and, hence, the adjustment path of the economy to various shocks in a real business cycle model. We quantify these effects for the recent refugee inflow into the German economy in 2014 and 2015.
JEL-codes: E13 E32 F22 (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-dge, nep-int, nep-mac and nep-mig
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Persistent link: https://EconPapers.repec.org/RePEc:zbw:vfsc17:168125
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