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On the aggregate effects of immigration in Spain

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  • Mario Izquierdo
  • Juan Jimeno
  • Juan Rojas

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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Suggested Citation

  • Mario Izquierdo & Juan Jimeno & Juan Rojas, 2010. "On the aggregate effects of immigration in Spain," SERIEs: Journal of the Spanish Economic Association, Springer;Spanish Economic Association, vol. 1(4), pages 409-432, September.
  • Handle: RePEc:spr:series:v:1:y:2010:i:4:p:409-432
    DOI: 10.1007/s13209-010-0021-8
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    Cited by:

    1. Stephen Nickell, 2010. "Immigration: trends and macroeconomic implications," BIS Papers chapters, in: Globalisation, labour markets and international adjustment - Essays in honour of Palle S Andersen, volume 50, pages 51-63, Bank for International Settlements.
    2. Boldrin, Michele & Montes, Ana, 2015. "Modeling an immigration shock," European Economic Review, Elsevier, vol. 74(C), pages 190-206.
    3. Maravall, A. & del Rio, A., 2007. "Temporal aggregation, systematic sampling, and the Hodrick-Prescott filter," Computational Statistics & Data Analysis, Elsevier, vol. 52(2), pages 975-998, October.
    4. Cámara, Angeles & Medina, Ana, 2021. "Measuring the economic impact of immigrant workers exit from Madrid region labor market," INVESTIGACIONES REGIONALES - Journal of REGIONAL RESEARCH, Asociación Española de Ciencia Regional, issue 49, pages 65-88.
    5. Lange, Fabian & Gollin, Douglas, 2007. "Equipping Immigrants: Migration Flows and Capital Movements," IZA Discussion Papers 2745, Institute of Labor Economics (IZA).
    6. Aitor Erce, 2008. "A structural model of sovereign debt issuance: assessing the role of financial factors," Working Papers 0809, Banco de España.
    7. Douglas Gollin & Fabian Lange, 2013. "Equipping immigrants: migration flows and capital movements in small open economies," Review of World Economics (Weltwirtschaftliches Archiv), Springer;Institut für Weltwirtschaft (Kiel Institute for the World Economy), vol. 149(4), pages 749-777, December.
    8. William Wascher, 2010. "Discussion comments on "Immigration: trends and macroeconomic implications"," BIS Papers chapters, in: Globalisation, labour markets and international adjustment - Essays in honour of Palle S Andersen, volume 50, pages 69-75, Bank for International Settlements.
    9. Danilo Leiva-Leon, 2017. "Monitoring the Spanish Economy through the Lenses of Structural Bayesian VARs," Occasional Papers 1706, Banco de España.
    10. Dew-Becker, Ian & Gordon, Robert J, 2008. "The Role of Labour Market Changes in the Slowdown of European Productivity Growth," CEPR Discussion Papers 6722, C.E.P.R. Discussion Papers.
    11. Alicia Gómez–Tello & Rosella Nicolini, 2017. "Immigration and productivity: a Spanish tale," Journal of Productivity Analysis, Springer, vol. 47(2), pages 167-183, April.
    12. Johannes Berger & Thomas Davoine & Philip Schuster & Ludwig Strohner, 2016. "Cross-country differences in the contribution of future migration to old-age financing," International Tax and Public Finance, Springer;International Institute of Public Finance, vol. 23(6), pages 1160-1184, December.
    13. Ortega, Ana Carolina & Jimeno, Juan F. & Carrasco, Raquel, 2008. "The impact of immigration on the wage structure : Spain 1995-2002," UC3M Working papers. Economics we080603, Universidad Carlos III de Madrid. Departamento de Economía.
    14. Masuch, Klaus & Anderton, Robert & Setzer, Ralph & Benalal, Nicholai, 2018. "Structural policies in the euro area," Occasional Paper Series 210, European Central Bank.
    15. Agustín Arias & Juan Guerra-Salas, 2019. "Immigration in Emerging Countries: A Macroeconomic Perspective," Working Papers Central Bank of Chile 857, Central Bank of Chile.
    16. Isabel Argimón & Pablo Hernández de Cos, 2008. "The determinants of budget balances of the regional (Autonomous) governments," Working Papers 0803, Banco de España.
    17. Douglas Gollin & Eric Van Dusen & Harvey Blackburn, 2008. "Animal genetic resource trade flows: Economic assessment," Center for Development Economics 2008-02, Department of Economics, Williams College.
    18. Nicodemo, Catia, 2013. "Immigration and Labor Productivity: New Empirical Evidence for Spain," IZA Discussion Papers 7297, Institute of Labor Economics (IZA).
    19. Clara Isabel González & J. Ignacio Conde-Ruiz & Michele Boldrin, 2008. "Immigration and Social Security in Spain," Working Papers 2008-36, FEDEA.
    20. Fusshoeller, Chantal & Balleer, Almut, 2017. "Migration and investment: a business cycle perspective," VfS Annual Conference 2017 (Vienna): Alternative Structures for Money and Banking 168125, Verein für Socialpolitik / German Economic Association.
    21. Mahia, Ramon & de Arce, Rafael & Thielemann, Eiko, 2010. "Immigration policy and its impact a comparative study with a focus on Spain," MPRA Paper 35742, University Library of Munich, Germany.
    22. K. Burggraeve & C. Piton, 2016. "The economic consequences of the flow of refugees into Belgium," Economic Review, National Bank of Belgium, issue i, pages 43-61, June.
    23. Martínez i Coma, Ferran & Duval Hernández, Robert, 2009. "Hostility Toward Immigration in Spain," IZA Discussion Papers 4109, Institute of Labor Economics (IZA).

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    More about this item

    Keywords

    Overlapping generations; Immigration; E20; J10;
    All these keywords.

    JEL classification:

    • E10 - Macroeconomics and Monetary Economics - - General Aggregative Models - - - General
    • F22 - International Economics - - International Factor Movements and International Business - - - International Migration

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