EU labour markets and immigration connected to enlargement

Arbeitspapier

The EU economies and their labour markets will face new challenges in the near future as the Union enlarges to cover the CEE countries and the mobility of labour becomes free within the region. This paper first discusses estimates made on the likely magnitude of the coming immigration and then turns to derive some basic outcomes with respect to its impacts on real wages in the EU in the long run. We then discuss in a standard way the short-run net benefit from immigration, extend the analysis to the long-run steady state and carry out a numerical simulation of the effects of likely immigration, which raises the EU labour force by one per cent. We obtain the result that the net present value of the accumulated gain to the EU 15, measured by the rise of consumption in ratio to GDP, is very small. This result is in line with neutrality proposition predicted by theoretical reasoning, which prevails in the long run with respect to the effects of immigration. The last part of the paper deals with linkages between the social security system and immigration. Over time the short-run costs of adjustment, which are generally found to be quite small, are neutralised by the gains accrued from Enlargement.

Angaben zum Objekt

• Sprache: Englisch

Verweise und Beziehungen

• Erschienen in: Series: ETLA Discussion Papers ; No. 791

Klassifikation und Themen

• Klassifikation: Wirtschaft ; International Migration ; Economic Growth of Open Economies
• Thema: Labour mobility ; Immigration ; EU Enlargement ; Työvoiman liikkuvuus ; maahanmuutto ; EU:n laajeneminen ; EU-Erweiterung ; Internationale Arbeitsmobilität ; Einwanderung ; Arbeitsmarkt ; EU-Staaten

Beteiligte, Orts- und Zeitangaben

• Ereignis: Geistige Schöpfung
• (wer): Alho, Kari E.O.
• Ereignis: Veröffentlichung
• (wer): The Research Institute of the Finnish Economy (ETLA)
• (wo): Helsinki
• (wann): 2002

Weitere Informationen

• Handle: http://hdl.handle.net/10419/63746
• Letzte Aktualisierung: 10.03.2025, 11:44 MEZ