Labor immigration and long-run welfare in a growth model with heterogenous agents and endogenous labor supply
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?
Volume (Year): 14 (2001)
Issue (Month): 2 ()
|Note:||Received: 25 November 1999/Accepted: 07 April 2000|
|Contact details of provider:|| Web page: http://www.springer.com|
More information through EDIRC
|Order Information:||Web: http://www.springer.com/economics/population/journal/148/PS2|
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.:
- George J. Borjas, 1995.
"The Economic Benefits from Immigration,"
Journal of Economic Perspectives,
American Economic Association, vol. 9(2), pages 3-22, Spring.
- Kochhar, Rakesh, 1992. "International Labor Migration and Domestic Labor Supply," Journal of Population Economics, Springer;European Society for Population Economics, vol. 5(2), pages 113-34, April.
- Galor, Oded, 1986. "Time preference and international labor migration," Journal of Economic Theory, Elsevier, vol. 38(1), pages 1-20, February.
- Christian Dustmann, 1996. "The social assimilation of immigrants," Journal of Population Economics, Springer;European Society for Population Economics, vol. 9(1), pages 37-54, February.
- Galor, Oded & Stark, Oded, 1990. "Migrants' Savings, the Probability of Return Migration and Migrants' Performance," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 31(2), pages 463-67, May.
- Rangazas, Peter, 1991. "Human capital investment in wealth-constrained families with two-sided altruism," Economics Letters, Elsevier, vol. 35(2), pages 137-141, February.
- Barro, Robert J., 1974.
"Are Government Bonds Net Wealth?,"
3451399, Harvard University Department of Economics.
- Cukierman, Alex & Meltzer, Allan H, 1989. "A Political Theory of Government Debt and Deficits in a Neo-Ricardian Framework," American Economic Review, American Economic Association, vol. 79(4), pages 713-32, September.
- Tcha, MoonJoong, 1995. "Altruism, household size and migration," Economics Letters, Elsevier, vol. 49(4), pages 441-445, October.
- Kondo, Hitoshi, 1989. "International Factor Mobility and Production Technology," Journal of Population Economics, Springer;European Society for Population Economics, vol. 2(4), pages 281-99.
- Muller, Walter III & Woodford, Michael, 1988. "Determinacy of equilibrium in stationary economies with both finite and infinite lived consumers," Journal of Economic Theory, Elsevier, vol. 46(2), pages 255-290, December.
- Klaus F. Zimmermann, 1995. "Tackling the European Migration Problems," Journal of Economic Perspectives, American Economic Association, vol. 9(2), pages 45-62, Spring.
- John T. Durkin Jr., 1998. "Immigration, assimilation and growth," Journal of Population Economics, Springer;European Society for Population Economics, vol. 11(2), pages 273-291.
- Jean-Pierre Vidal & Philippe Michel & Bertrand Crettez, 1996.
"Time preference and labour migration in an OLG model with land and capital,"
Journal of Population Economics,
Springer;European Society for Population Economics, vol. 9(4), pages 387-403.
- CRETTEZ , Bertrand & MICHEL , Philippe & VIDAL , Jean-Pierre, 1995. "Time Preference and Labour Migration in an OLG Model with Land and Capital," CORE Discussion Papers 1995046, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE).
- Drazen, Allan, 1978. "Government Debt, Human Capital, and Bequests in a Life-Cycle Model," Journal of Political Economy, University of Chicago Press, vol. 86(3), pages 505-16, June.
- Galor, Oded, 1992. "The Choice of Factor Mobility in a Dynamic World," Journal of Population Economics, Springer;European Society for Population Economics, vol. 5(2), pages 135-44, April.
- Emmanuel Thibault, 2000. "Existence of equilibrium in an OLG model with production and altruistic preferences," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 15(3), pages 709-715.
- Weil, Philippe, 1987. "Love thy children : Reflections on the Barro debt neutrality theorem," Journal of Monetary Economics, Elsevier, vol. 19(3), pages 377-391, May.
When requesting a correction, please mention this item's handle: RePEc:spr:jopoec:v:14:y:2001:i:2:p:391-407. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Sonal Shukla)or (Rebekah McClure)
If references are entirely missing, you can add them using this form.