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Simulating the impact of immigration on wages and unemployment
Bron: Simulating the impact of immigration on wages and unemployment
13-07-2023
This paper looks at the effects of migration in labour market models that allow for un- employment in equilibrium. We include three different models: a competitive labour market model, a wage bargaining model and an efficiency wage model. We simulate a one-percentage point increase in the labour force due to migration. Simulation results show that effects of migration do not differ that much between different labour market models: wages decrease with 0.3% to 0.4% and the unemployment rate increa…
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