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Migration and unemployment in an efficiency wage model of a small open economy

Author

Listed:
  • Michael Bleaney

    (University of Nottingham)

Abstract

International migration affects equilibrium unemployment in a small open economy characterised by efficiency wages. Immigration into employment reduces unemployment rates, and immigration into unemployment increases them. The effect of emigration depends on its impact on the aggregate job turnover rate.

Suggested Citation

  • Michael Bleaney, 2005. "Migration and unemployment in an efficiency wage model of a small open economy," Economics Bulletin, AccessEcon, vol. 6(21), pages 1-6.
    • Handle: RePEc:ebl:ecbull:eb-05f20007
    as

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    File URL: http://www.accessecon.com/pubs/EB/2005/Volume6/EB-05F20007A.pdf
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    Cited by:

    1. Alexandra M. Espinosa & Ignacio Díaz-Emparanza, 2021. "The Long-term Relationship Between International Labour Migration and Unemployment in Spain," Journal of International Migration and Integration, Springer, vol. 22(1), pages 145-166, March.
    2. Katarzyna Budnik, 2012. "Do those who stay work less? On the impact of emigration on the measured TFP in Poland," NBP Working Papers 113, Narodowy Bank Polski.
    3. Alexandra M. Espinosa & Ignacio Díaz-Emparanza, 2023. "Assessing the Spanish immigration policy with frequency-wise causality in Hosoya’s sense," Empirical Economics, Springer, vol. 65(1), pages 111-147, July.

    More about this item

    Keywords

    efficiency wages;

    JEL classification:

    • F2 - International Economics - - International Factor Movements and International Business
    • J6 - Labor and Demographic Economics - - Mobility, Unemployment, Vacancies, and Immigrant Workers

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