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Welfare Implications of International Labor Migration

Year:    1997

Author:    Meier, Volker, Wenig, Alois

Journal of Contextual Economics – Schmollers Jahrbuch, Vol. 117 (1997), Iss. 4 : pp. 505–524

Abstract

In this paper both short-term and long-term effects of immigration on the income of the native population are analyzed. In the short run immigration usually changes the wage-interest ratio which increases the income of the natives. In the long run immigration may also have an impact on the rate of savings. If the natives are heterogeneous in their savings behavior, then immigration raises (lowers) their average income if the immigrants have a low (high) propensity to save. Natives with a high (low) rate of savings always benefit from a decline (rise) in the aggregate savings rate.

Journal Article Details

Publisher Name:    Global Science Press

Language:    Multiple languages

DOI:    https://doi.org/10.3790/schm.117.4.505

Journal of Contextual Economics – Schmollers Jahrbuch, Vol. 117 (1997), Iss. 4 : pp. 505–524

Published online:    1997-04

AMS Subject Headings:    Duncker & Humblot

Copyright:    COPYRIGHT: © Global Science Press

Pages:    20

Author Details

Meier, Volker

Wenig, Alois