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Labor Immigration and Long Run Welfare in a Growth Model with Heterogeneous Agents and Endogenous Labor Supply

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  • Thibault, E.

Abstract

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?

Suggested Citation

  • Thibault, E., 2000. "Labor Immigration and Long Run Welfare in a Growth Model with Heterogeneous Agents and Endogenous Labor Supply," G.R.E.Q.A.M. 00a12, Universite Aix-Marseille III.
  • Handle: RePEc:fth:aixmeq:00a12
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    1. Michel, Ph. & Pestieau, P. & Vidal, J. -P., 1998. "Labor migration and redistribution with alternative assimilation policies: The small economy case," Regional Science and Urban Economics, Elsevier, vol. 28(3), pages 363-377, May.
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    Cited by:

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    2. Thibault, Emmanuel, 2004. "The power of love," Economics Letters, Elsevier, vol. 84(2), pages 183-189, August.
    3. Emmanuel Thibault, 2017. "Is GDP a Relevant Social Welfare Indicator? A Savers—Spenders Theory Approach," The Japanese Economic Review, Springer, vol. 68(3), pages 333-351, September.

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    More about this item

    Keywords

    IMMIGRATION ; ECONOMIC MODELS ; LABOUR;
    All these keywords.

    JEL classification:

    • D64 - Microeconomics - - Welfare Economics - - - Altruism; Philanthropy; Intergenerational Transfers
    • D91 - Microeconomics - - Micro-Based Behavioral Economics - - - Role and Effects of Psychological, Emotional, Social, and Cognitive Factors on Decision Making
    • F22 - International Economics - - International Factor Movements and International Business - - - International Migration

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