Immigration and economic prosperity
Florence Jaumotte, Ksenia Koloskova, Sweta C. Saxena
12 January 2017 – http://voxeu.org/
Rapidly ageing populations, the refugee crisis, and growing anti-immigration rhetoric have brought immigration issues to the forefront recently. Using a panel of 18 countries, this column explores the long-term effects of migration on receiving advanced economies’ GDP per capita and labour productivity. Both high- and low-skilled migrants are found to raise productivity and GDP, and these gains appear to be broadly shared across the population.