Author : Dora M. Iakova
Publisher : International Monetary Fund
ISBN 13 :
Total Pages : 24 pages
Book Rating : 4.73/5 ( download)
Book Synopsis The Macroeconomic Effects of Migration from the New European Union Member States to the United Kingdom by : Dora M. Iakova
Download or read book The Macroeconomic Effects of Migration from the New European Union Member States to the United Kingdom written by Dora M. Iakova and published by International Monetary Fund. This book was released on 2007-03 with total page 24 pages. Available in PDF, EPUB and Kindle. Book excerpt: The United Kingdom allowed workers from the ten new European Union member countries immediate access to its labor market after the accession in 2004. This paper uses a general equilibrium framework to explore the dynamic adjustment of the UK economy to the postaccession surge in immigration. Simulations show that immigration is likely to have positive effects on economic growth, capital accumulation, consumption, and the public finances.