Immigration and Secular Stagnation

Material type: 文書・図像類

Author: Miyagiwa, Kazほか

Publisher: The Institute of Social and Economic Research, Osaka University

Publication date: 2019-06

Material Format: Paper

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Note (General)：: May 2019. Revised June 2019.We examine the effect of immigration on the host country in the dynamic model that can deal with secular unemployment. Imm...

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Paper

Material Type: 文書・図像類
Title: Immigration and Secular Stagnation
Author/Editor: Miyagiwa, Kaz
Ono, Yoshiyasu
Author Heading: Miyagiwa, Kaz
Ono, Yoshiyasu
https://nrid.nii.ac.jp/nrid/1000070130763
Publication, Distribution, etc.: The Institute of Social and Economic Research, Osaka University
Publication Date: 2019-06
Publication Date (W3CDTF): 2019-06
Periodical title: Institute of Social and Economic Research Discussion Papers
No. or year of volume/issue: 1054
Volume: 1054
Pages: 1-32
Text Language Code: eng
Subject Heading: Immigration
secular stagnation
unemployment
aggregate demand deficiency
remittances
Target Audience: 一般
Note (General): May 2019. Revised June 2019.
We examine the effect of immigration on the host country in the dynamic model that can deal with secular unemployment. Immigration has contrasting effects, depending on the economic state of the host country. If there is unemployment, immigration worsens unemployment and decreases consumption by native residents whereas if full employment prevails, immigration has the effect of boosting consumption while keeping full employment. However, an influx of too many immigrants can turn the host country into stagnation. We also find that immigrants’ remittances are harmful to the host country under full employment but beneficial under secular stagnation.
References (URI): URI
https://www.iser.osaka-u.ac.jp/library/dp/2019/DP1054R.pdf
Data Provider (Database): 国立情報学研究所 : 学術機関リポジトリデータベース（IRDB）（機関リポジトリ）
https://irdb.nii.ac.jp
Original Data Provider (Database): 大阪大学 : 大阪大学学術情報庫　桜華