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Assessing the Spanish immigration policy with frequency-wise causality in Hosoya’s sense

Author

Listed:
  • Alexandra M. Espinosa

    (Escuela Politécnica Nacional
    University of the Basque Country UPV/EHU)

  • Ignacio Díaz-Emparanza

    (University of the Basque Country UPV/EHU)

Abstract

We cannot ignore that anti-immigration parties are becoming essential players in present democracies. But, how concerned should we be with the effects of immigration on the host economy? According to estimates, integration is the main asset of the Spanish immigration policy: in the long term, immigrants are legally indistinguishable; hence, they produce a similar effect on employment and growth. However, employment policies could enhance the long-term contribution of immigration to economic growth and, indirectly, boost employment creation. The effectiveness of immigration policies is thus attached to employment policies. In the short term, registered unemployment seems to be further protected against economic shocks. The frequency-wise analysis makes for a deeper understanding of the role of immigration in the Spanish economy.

Suggested Citation

  • 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.
    • Handle: RePEc:spr:empeco:v:65:y:2023:i:1:d:10.1007_s00181-022-02328-z
    DOI: 10.1007/s00181-022-02328-z
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    More about this item

    Keywords

    International immigration; Unemployment; Economic growth; Frequency causality;
    All these keywords.

    JEL classification:

    • J61 - Labor and Demographic Economics - - Mobility, Unemployment, Vacancies, and Immigrant Workers - - - Geographic Labor Mobility; Immigrant Workers
    • J64 - Labor and Demographic Economics - - Mobility, Unemployment, Vacancies, and Immigrant Workers - - - Unemployment: Models, Duration, Incidence, and Job Search
    • C32 - Mathematical and Quantitative Methods - - Multiple or Simultaneous Equation Models; Multiple Variables - - - Time-Series Models; Dynamic Quantile Regressions; Dynamic Treatment Effect Models; Diffusion Processes; State Space Models
    • C18 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods and Methodology: General - - - Methodolical Issues: General

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