Migrant Labor, Unemployment and Optimal Growth
One of the arguments against migrant labor is that it has negative ef- fect on the employment of domestic labor. The question is now if the immigration has also negative effects on the other variables of the econ- omy. To examine these effects we develop an optimal growth model with migration and un...
| Main Author: | |
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| Format: | Article |
| Language: | English |
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"Nicolae Titulescu" University of Bucharest
2015-03-01
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| Series: | Computational Methods in Social Sciences |
| Subjects: | |
| Online Access: | http://cmss.univnt.ro/wp-content/uploads/vol/split/vol_II_issue_2/CMSS_vol_II_issue_2_art.004.pdf |
| _version_ | 1797764952289705984 |
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| author | Ioana Viasu |
| author_facet | Ioana Viasu |
| author_sort | Ioana Viasu |
| collection | DOAJ |
| description | One of the arguments against migrant labor is that it has negative ef- fect on the employment of domestic labor. The question is now if the immigration has also negative effects on the other variables of the econ- omy. To examine these effects we develop an optimal growth model with migration and unemployment and then we analyze these effects, restricting our analysis to the steady state. We introduce a simplify- ing hypothesis concerning the skill level of human capital. We assume that the average skill level of domestic employed labor differs from the average skill level of migrant labor, but the two kinds of labor grow at the same constant rate. We prove that the immigration process could have both positive and negative effects on consumption, human capital and physical capital, depending on the skill level of the migrant labor. The numerical simulations confirm our theoretical results. |
| first_indexed | 2024-03-12T20:04:04Z |
| format | Article |
| id | doaj.art-b9d49e8d6f3344df9b92856c84acc68f |
| institution | Directory Open Access Journal |
| issn | 2344-1232 2344-1232 |
| language | English |
| last_indexed | 2024-03-12T20:04:04Z |
| publishDate | 2015-03-01 |
| publisher | "Nicolae Titulescu" University of Bucharest |
| record_format | Article |
| series | Computational Methods in Social Sciences |
| spelling | doaj.art-b9d49e8d6f3344df9b92856c84acc68f2023-08-02T02:15:35Zeng"Nicolae Titulescu" University of BucharestComputational Methods in Social Sciences2344-12322344-12322015-03-01223038Migrant Labor, Unemployment and Optimal GrowthIoana Viasu0Faculty of Economics and Business Administration, West University of Timisoara, RomaniaOne of the arguments against migrant labor is that it has negative ef- fect on the employment of domestic labor. The question is now if the immigration has also negative effects on the other variables of the econ- omy. To examine these effects we develop an optimal growth model with migration and unemployment and then we analyze these effects, restricting our analysis to the steady state. We introduce a simplify- ing hypothesis concerning the skill level of human capital. We assume that the average skill level of domestic employed labor differs from the average skill level of migrant labor, but the two kinds of labor grow at the same constant rate. We prove that the immigration process could have both positive and negative effects on consumption, human capital and physical capital, depending on the skill level of the migrant labor. The numerical simulations confirm our theoretical results.http://cmss.univnt.ro/wp-content/uploads/vol/split/vol_II_issue_2/CMSS_vol_II_issue_2_art.004.pdfimmigrationoptimal growthunemployment rate. |
| spellingShingle | Ioana Viasu Migrant Labor, Unemployment and Optimal Growth Computational Methods in Social Sciences immigration optimal growth unemployment rate. |
| title | Migrant Labor, Unemployment and Optimal Growth |
| title_full | Migrant Labor, Unemployment and Optimal Growth |
| title_fullStr | Migrant Labor, Unemployment and Optimal Growth |
| title_full_unstemmed | Migrant Labor, Unemployment and Optimal Growth |
| title_short | Migrant Labor, Unemployment and Optimal Growth |
| title_sort | migrant labor unemployment and optimal growth |
| topic | immigration optimal growth unemployment rate. |
| url | http://cmss.univnt.ro/wp-content/uploads/vol/split/vol_II_issue_2/CMSS_vol_II_issue_2_art.004.pdf |
| work_keys_str_mv | AT ioanaviasu migrantlaborunemploymentandoptimalgrowth |