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The effect of macroeconomic fluctuations on the inflows and outflows of migrants in Spain

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Author Info

  • Aitor Lacuesta

    ()
    (Banco de España)

  • Sergio Puente

    ()
    (Banco de España)

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    Abstract

    This essay analyzes the impact of economic fluctuations on migration flows. To do so, the determinants of the inflows and outflows of migrants have been estimated. We find significant evidence on the effect that the macroeconomic fluctuations on the short run has on both flows, although the effect on the inflows is greater in number and strength. Therefore it can be expected that in the actual cyclical phase the migrant population growth will decelerate, especially through a reduction in inflows.

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    File URL: http://www.bde.es/f/webbde/SES/Secciones/Publicaciones/PublicacionesSeriadas/DocumentosTrabajo/10/Fic/dt1016.pdf
    File Function: First Spanish version, June 2010
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    Bibliographic Info

    Paper provided by Banco de Espa�a in its series Banco de Espa�a Working Papers with number 1016.

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    Length: 29 pages
    Date of creation: Jun 2010
    Date of revision:
    Handle: RePEc:bde:wpaper:1016

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    Keywords: Immigration; Outmigration; Business cycle;

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