Immigration, investment, and real wages
AbstractWhen a country is the recipient of large-scale, politically motivated immigration -- as has been the case for Israel in recent years -- the initial impact is to reduce real wages. Over the longer term, however, the endogenous response of investment, together with increasing returns, may well actually increase real earnings. If immigration itself is not wholly exogenous, but responds to real wages, there may be multiple equilibria. That is, optimism or pessimism about the success of the economy at absorbing immigrants may constitute a self-fulfilling prophecy.
Download InfoIf you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
As the access to this document is restricted, you may want to look for a different version under "Related research" (further below) or search for a different version of it.
Bibliographic InfoArticle provided by Springer in its journal Journal of Population Economics.
Volume (Year): 9 (1996)
Issue (Month): 1 (February)
Contact details of provider:
Web page: http://link.springer.de/link/service/journals/00148/index.htm
More information through EDIRC
Other versions of this item:
- F12 - International Economics - - Trade - - - Models of Trade with Imperfect Competition and Scale Economies; Fragmentation
- F22 - International Economics - - International Factor Movements and International Business - - - International Migration
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Dixit, Avinash K & Stiglitz, Joseph E, 1977.
"Monopolistic Competition and Optimum Product Diversity,"
American Economic Review,
American Economic Association, vol. 67(3), pages 297-308, June.
- Dixit, Avinash K & Stiglitz, Joseph E, 1975. "Monopolistic Competition and Optimum Product Diversity," The Warwick Economics Research Paper Series (TWERPS) 64, University of Warwick, Department of Economics.
- Ethier, Wilfred J, 1982. "National and International Returns to Scale in the Modern Theory of International Trade," American Economic Review, American Economic Association, vol. 72(3), pages 389-405, June.
- Rachel M. Friedberg & J. Hunt, 1995.
"The Impact of Immigrants on Host Country Wages, Employment and Growth,"
95-5, Brown University, Department of Economics.
- Rachel M. Friedberg & Jennifer Hunt, 1995. "The Impact of Immigrants on Host Country Wages, Employment and Growth," Journal of Economic Perspectives, American Economic Association, vol. 9(2), pages 23-44, Spring.
- Michael Beenstock & Jeffrey Fisher, 1997. "The macroeconomic effects of immigration: Israel in the 1990s," Review of World Economics (Weltwirtschaftliches Archiv), Springer, vol. 133(2), pages 330-358, 06.
- Jens Hainmueller & Michael J. Hiscox, 2005.
"Educated Preferences: Explaining Attitudes Toward Immigration in Europe,"
- Hainmueller, Jens & Hiscox, Michael J., 2007. "Educated Preferences: Explaining Attitudes Toward Immigration in Europe," International Organization, Cambridge University Press, vol. 61(02), pages 399-442, April.
- Lucas Bretschger, 2001. "Labor Supply, Migration, and Long-Term Development," Open Economies Review, Springer, vol. 12(1), pages 5-27, January.
- Matteo Gomellini & Cormac O' Grada, 2011. "Outward and Inward Migrations in Italy: A Historical Perspective," Quaderni di storia economica (Economic History Working Papers) 08, Bank of Italy, Economic Research and International Relations Area.
- Langhammer, Rolf J., 1994. "Wirtschaftsreformen in Afrika: getragen von der Gunst der Geber?," Kiel Working Papers 666, Kiel Institute for the World Economy.
- Katarzyna Budnik, 2011. "Temporary migration in theories of international mobility of labour," Bank i Kredyt, National Bank of Poland, Economic Institute, vol. 42(6), pages 7-48.
- Jean-Pascal Bénassy & Elise S. Brézis, 2012.
"Brain Drain and Development Traps,"
2012-03, Department of Economics, Bar-Ilan University.
- Elise S. Brezis & Ariel Soueri, 2012. "Globalization and Migration: A “Unified Brain Drain” Model," Working Papers 2012-15, Department of Economics, Bar-Ilan University.
- Sarit Cohen & Chang-Tai Hsieh, 2001. "Macroeconomic and Labor Market Impact of Russian Immigration in Israel," Working Papers 2001-11, Department of Economics, Bar-Ilan University.
- Gandal, Neil & Hanson, Gordon H. & Slaughter, M.J.Matthew J., 2004.
"Technology, trade, and adjustment to immigration in Israel,"
European Economic Review,
Elsevier, vol. 48(2), pages 403-428, April.
- Neil Gandal & Gordon H. Hanson & Matthew J. Slaughter, 2000. "Technology, Trade, and Adjustment to Immigration in Israel," NBER Working Papers 7962, National Bureau of Economic Research, Inc.
- Tremblay, Rodrigue, 1998. "Mobilité internationale des facteurs de production en situation de chômage et de libre-échange," L'Actualité Economique, Société Canadienne de Science Economique, vol. 74(2), pages 245-271, juin.
- Epstein, Gil S, 2002.
"Informational Cascades and Decision to Migrate,"
CEPR Discussion Papers
3287, C.E.P.R. Discussion Papers.
- Elise Brezis & Ariel Soueri, 2011. "Why do Students Migrate? Where do they Migrate to?," Working Papers 25, AlmaLaurea Inter-University Consortium.
- BEHRENS, Kristian & SATO, Yasuhiro, 2006. "Labor market integration and migration: impacts on skill formation and the wage structure," CORE Discussion Papers 2006001, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE).
- Yaya, Mehmet-Erdem, 2005. "Immigration, Trade and Wages in Germany," MPRA Paper 505, University Library of Munich, Germany, revised Jun 2006.
- Elise Brezis in Wikipedia (English)
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Guenther Eichhorn) or (Christopher F Baum).
If references are entirely missing, you can add them using this form.