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The Impact of Foreign Workers on the Labour Market of Cyprus

Listed author(s):
  • Louis N. Christofides

    (Department of Economics and Economics Research Centre, University of Cyprus)

  • Sofronis Clerides

    (Department of Economics and Economics Research Centre, University of Cyprus)

  • Costas Hadjiyiannis

    ()

    (Department of Economics and Economics Research Centre, University of Cyprus)

  • Michel S. Michael

    (Department of Economics and Economics Research Centre, University of Cyprus)

We examine the impact of the very substantial increase in the employment of foreign workers on production, the growth in output and the wages of domestic workers using time series and cross-sectional data. We find that most recent growth in output can be explained by the increase in foreign workers, which also impacted favourably on the wages of the more educated and skilled domestic workers.

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File URL: http://www.ucy.ac.cy/erc/documents/Full%20Text_Christofides.pdf
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Article provided by University of Cyprus, Economics Research Centre in its journal Cyprus Economic Policy Review.

Volume (Year): 1 (2007)
Issue (Month): 2 (December)
Pages: 37-49

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Handle: RePEc:erc:cypepr:v:1:y:2007:i:2:p:37-49
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