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The Impact of the Recent Migration from Eastern Europe on the UK Economy

Author

Listed:
  • David Blanchflower

    (Monetary Policy Committee Unit, Bank of England)

  • Jumana Saleheen

    (Monetary Policy Committee Unit, Bank of England)

  • Chris Shadforth

    (Monetary Policy Committee Unit, Bank of England)

Abstract

In this speech, Professor David Blanchflower, member of the Monetary Policy Committee, discusses the origins of the most recent influx of migrants to the United Kingdom. He also examines why the East of England has received a disproportionate number of these new workers and why employers choose to hire them. He concludes by looking at the consequences of migration on the UK economy in general, arguing that recent immigration has raised the supply potential of the economy by more than demand, and thereby acted to reduce inflationary pressures.

Suggested Citation

  • David Blanchflower & Jumana Saleheen & Chris Shadforth, 2007. "The Impact of the Recent Migration from Eastern Europe on the UK Economy," Discussion Papers 17, Monetary Policy Committee Unit, Bank of England.
  • Handle: RePEc:mpc:wpaper:0017
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    File URL: https://www.bankofengland.co.uk/-/media/boe/files/external-mpc-discussion-paper/2007/the-impact-of-the-recent-migration-from-easter-europe-on-the-uk-economy.pdf
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    Keywords

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    JEL classification:

    • J11 - Labor and Demographic Economics - - Demographic Economics - - - Demographic Trends, Macroeconomic Effects, and Forecasts
    • J21 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Labor Force and Employment, Size, and Structure
    • J61 - Labor and Demographic Economics - - Mobility, Unemployment, Vacancies, and Immigrant Workers - - - Geographic Labor Mobility; Immigrant Workers

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