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On the aggregate effects of immigration in Spain

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Author Info
Mario Izquierdo () (Banco de España)
Juan F. Jimeno () (Banco de España, Centre for Economic Policy Research (CEPR))
Juan A. Rojas () (Banco de España)

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Abstract

This paper presents a dynamic general equilibrium model designed to compute the aggregate impact of immigration, accounting for relevant supply and demand effects. We calibrate the model to the Spanish economy, allowing for enough heterogeneity in the demographic characteristics of immigrant and native workers. We consider an initial steady state characterized by the age structure of the Spanish population in 1995 and study the effects of several immigration scenarios on several macroeconomic variables (GDP, employment, productivity, etc.).

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File URL: http://www.bde.es/webbde/SES/Secciones/Publicaciones/PublicacionesSeriadas/DocumentosTrabajo/07/Fic/dt0714e.pdf
File Format: application/pdf
File Function: First version, June 2007
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Publisher Info
Paper provided by Banco de España in its series Banco de España Working Papers with number 0714.

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Length: 40 pages
Date of creation: Jun 2007
Date of revision:
Handle: RePEc:bde:wpaper:0714

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Related research
Keywords: immigration; general equilbrium models;

Other versions of this item:

Find related papers by JEL classification:
E10 - Macroeconomics and Monetary Economics - - General Aggregative Models - - - General
F22 - International Economics - - International Factor Movements and International Business - - - International Migration

This paper has been announced in the following NEP Reports:

Cited by:
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  1. Aitor Erce, 2008. "A structural model of sovereign debt issuance: assessing the role of financial factors," Banco de España Working Papers 0809, Banco de España. [Downloadable!]
  2. Raquel Carrasco & Juan F. Jimeno & Ana Carolina Ortega, 2008. "The impact of immigration on the wage structure : Spain 1995-2002," Economics Working Papers we080603, Universidad Carlos III, Departamento de Economía. [Downloadable!]
  3. Agustín Maravall & Ana del Río, 2007. "Temporal aggregation, systematic sampling, and the Hodrick-Prescott filter," Banco de España Working Papers 0728, Banco de España. [Downloadable!]
  4. Martínez i Coma, Ferran & Duval Hernández, Robert, 2009. "Hostility Toward Immigration in Spain," IZA Discussion Papers 4109, Institute for the Study of Labor (IZA). [Downloadable!]
  5. Isabel Argimón & Pablo Hernández de Cos, 2008. "The determinants of budget balances of the regional (Autonomous) governments," Banco de España Working Papers 0803, Banco de España. [Downloadable!]
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This page was last updated on 2009-11-10.


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