Wages and Income Impacts of a Liberal Migration Policy: An Experimental Study
This article investigates the impact of a liberal migration policy that increases labour quotas by 5% on wages and income of residents, native migrants, and new migrants. The article focuses on the impact of migration in 21 areas, with particular attention given to Slovakia and Germany. It is based...
| Main Authors: | , |
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| Format: | Article |
| Language: | English |
| Published: |
Sciendo
2023-12-01
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| Series: | Naše Gospodarstvo |
| Subjects: | |
| Online Access: | https://doi.org/10.2478/ngoe-2023-0022 |
| _version_ | 1827398587185627136 |
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| author | Miťková Veronika Kralova Sona |
| author_facet | Miťková Veronika Kralova Sona |
| author_sort | Miťková Veronika |
| collection | DOAJ |
| description | This article investigates the impact of a liberal migration policy that increases labour quotas by 5% on wages and income of residents, native migrants, and new migrants. The article focuses on the impact of migration in 21 areas, with particular attention given to Slovakia and Germany. It is based on data collected from the Global Trade Analysis Project database and the experimental design by Walmsley, Ahmed, and Parsons, with adjustments to capture current global migration flows. The findings indicate that the immigration of new unskilled workers negatively impacts the real wages of unskilled residents, decreasing them by almost 3%, while the arrival of skilled workers increases them by 0.73%. Similarly, the real wages of skilled residents decrease by 2.62% due to the arrival of new skilled migrants, while unskilled migration results in its increase by 0.53%. These findings can aid policymakers in developing policies that maximize the benefits of migration. This research provides new insights into the wage effects of migration in different areas, focusing on Germany and Slovakia. |
| first_indexed | 2024-03-08T19:30:48Z |
| format | Article |
| id | doaj.art-cb005ebf95b84644ad24f03bf9ae1d13 |
| institution | Directory Open Access Journal |
| issn | 2385-8052 |
| language | English |
| last_indexed | 2024-03-08T19:30:48Z |
| publishDate | 2023-12-01 |
| publisher | Sciendo |
| record_format | Article |
| series | Naše Gospodarstvo |
| spelling | doaj.art-cb005ebf95b84644ad24f03bf9ae1d132023-12-26T07:42:57ZengSciendoNaše Gospodarstvo2385-80522023-12-01694385010.2478/ngoe-2023-0022Wages and Income Impacts of a Liberal Migration Policy: An Experimental StudyMiťková Veronika0Kralova Sona11Comenius University in Bratislava, Faculty of Social and Economic Sciences, Mlynské luhy 4, 820 05Bratislava, Slovakia1Comenius University in Bratislava, Faculty of Social and Economic Sciences, Mlynské luhy 4, 820 05Bratislava, SlovakiaThis article investigates the impact of a liberal migration policy that increases labour quotas by 5% on wages and income of residents, native migrants, and new migrants. The article focuses on the impact of migration in 21 areas, with particular attention given to Slovakia and Germany. It is based on data collected from the Global Trade Analysis Project database and the experimental design by Walmsley, Ahmed, and Parsons, with adjustments to capture current global migration flows. The findings indicate that the immigration of new unskilled workers negatively impacts the real wages of unskilled residents, decreasing them by almost 3%, while the arrival of skilled workers increases them by 0.73%. Similarly, the real wages of skilled residents decrease by 2.62% due to the arrival of new skilled migrants, while unskilled migration results in its increase by 0.53%. These findings can aid policymakers in developing policies that maximize the benefits of migration. This research provides new insights into the wage effects of migration in different areas, focusing on Germany and Slovakia.https://doi.org/10.2478/ngoe-2023-0022cge modellabour migrationwagesmigrant workerslabour policyc68j61j68 |
| spellingShingle | Miťková Veronika Kralova Sona Wages and Income Impacts of a Liberal Migration Policy: An Experimental Study Naše Gospodarstvo cge model labour migration wages migrant workers labour policy c68 j61 j68 |
| title | Wages and Income Impacts of a Liberal Migration Policy: An Experimental Study |
| title_full | Wages and Income Impacts of a Liberal Migration Policy: An Experimental Study |
| title_fullStr | Wages and Income Impacts of a Liberal Migration Policy: An Experimental Study |
| title_full_unstemmed | Wages and Income Impacts of a Liberal Migration Policy: An Experimental Study |
| title_short | Wages and Income Impacts of a Liberal Migration Policy: An Experimental Study |
| title_sort | wages and income impacts of a liberal migration policy an experimental study |
| topic | cge model labour migration wages migrant workers labour policy c68 j61 j68 |
| url | https://doi.org/10.2478/ngoe-2023-0022 |
| work_keys_str_mv | AT mitkovaveronika wagesandincomeimpactsofaliberalmigrationpolicyanexperimentalstudy AT kralovasona wagesandincomeimpactsofaliberalmigrationpolicyanexperimentalstudy |