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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.
    2. 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.
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    12. 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.
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    19. MICHEL, Ph. & PESTIEAU, P. & VIDAL, J.-P., 1998. "Labor migration and redistribution with alternative assimilation policies: the small economy case," LIDAM Reprints CORE 1310, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE).
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    21. Tcha, Moonjoong, 1996. "Altruism and Migration: Evidence from Korea and the United States," Economic Development and Cultural Change, University of Chicago Press, vol. 44(4), pages 859-878, July.
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    Cited by:

    1. 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.
    2. Irina Starodubrovskaya & Nina Mironova, 2010. "Problems of Rural Development in the Wake of the Municipal Reform in Russia," Research Paper Series, Gaidar Institute for Economic Policy, issue 141P.
    3. Thibault, Emmanuel, 2004. "The power of love," Economics Letters, Elsevier, vol. 84(2), pages 183-189, August.

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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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