Year: 2016
Type: article
Abstract: The underlying note investigates migration impacts on the German economy, explicitly distinguishing between refugee and non-refugee immigration. For this purpose, we propose a macroeconometric modelling approach complemented by instrumental variables. We find that refugee migration causes positive short-run reactions that would typically be connected to the demand side of the economy. However, it exerts negative effects on GDP and the labour market in the medium run. In contrast, non-refugee immigration turns out to have more beneficial medium-run effects.
Authors: Enzo Weber, Roland Weigand
Language: English
Topic: Migration and Labor Dynamics
Subfield: Sociology and Political Science
Field: Social Sciences
Domain: Social Sciences
Open Access status: green
Funder: Deutsche Bundesbank
OpenAlex ID: W2498009996