Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/295698 
Year of Publication: 
2023
Series/Report no.: 
CReAM Discussion Paper Series No. 01/23
Publisher: 
Centre for Research & Analysis of Migration (CReAM), Department of Economics, University College London, London
Abstract: 
We present evidence whereby immigration increases labour productivity while reducing the labour share, thus redistributing income from workers to employers. This result is unlikely in competitive markets with skill-neutral capital, where labour share is orthogonal to immigration shocks in the long run. Instead, our empirical evidence better matches predictions from imperfect labour market models where immigrant and native workers are heterogeneous in both skills and labour supply elasticities.
Subjects: 
Immigration
Productivity
Labour Share
Imperfect Labour Markets
FactorIncome Distribution
JEL: 
D33
J21
J24
J42
J61
O47
Document Type: 
Working Paper

Files in This Item:
File
Size





Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.