FEAR, UNEMPLOYMENT AND MIGRATION

成果类型:
Article
署名作者:
Blanchflower, David G.; Shadforth, Chris
署名单位:
University of Stirling
刊物名称:
ECONOMIC JOURNAL
ISSN/ISSBN:
0013-0133
DOI:
10.1111/j.1468-0297.2008.02224.x
发表日期:
2009
页码:
F136-F182
关键词:
immigration return
摘要:
We examine the impact on the UK economy of the flow of workers from ten East European countries after their accession to the European Union. We find evidence that those most susceptible to competition from these workers have seen weaker wage inflation. We document that the presence of these foreign workers has increased the fear of unemployment and helped to contain wage pressure. We argue that this inflow of workers has increased supply by more than it has raised demand and, thus, had the effect of reducing both inflationary pressures and the natural rate of unemployment.