This paper examines the consequences of labor immigration in an OLG economy in which agents have an elastic labor supply and differ with respect to degrees of altruism and rates of time preference. It focuses on three substantive questions. First, how do immigrants influence the bequest motive of altruistic natives? Second, what impact do immigrants have on the labor supply of natives? Finally, how does immigration affect the long-run welfare of both altruistic and non altruistic natives?
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Paper provided by Universite Aix-Marseille III in its series G.R.E.Q.A.M. with number
00a12.
Length: 21 pages Date of creation: 2000 Date of revision: Handle: RePEc:fth:aixmeq:00a12
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Find related papers by JEL classification: D64 - Microeconomics - - Welfare Economics - - - Altruism D91 - Microeconomics - - Intertemporal Choice and Growth - - - Intertemporal Consumer Choice; Life Cycle Models and Saving F22 - International Economics - - International Factor Movements and International Business - - - International Migration