Menu Expand

Welfare Implications of International Labor Migration

Cite JOURNAL ARTICLE

Style

Meier, V., Wenig, A. Welfare Implications of International Labor Migration. Journal of Contextual Economics – Schmollers Jahrbuch, 117(4), 505-524. https://doi.org/10.3790/schm.117.4.505
Meier, Volker and Wenig, Alois "Welfare Implications of International Labor Migration" Journal of Contextual Economics – Schmollers Jahrbuch 117.4, 1997, 505-524. https://doi.org/10.3790/schm.117.4.505
Meier, Volker/Wenig, Alois (1997): Welfare Implications of International Labor Migration, in: Journal of Contextual Economics – Schmollers Jahrbuch, vol. 117, iss. 4, 505-524, [online] https://doi.org/10.3790/schm.117.4.505

Format

Welfare Implications of International Labor Migration

Meier, Volker | Wenig, Alois

Journal of Contextual Economics – Schmollers Jahrbuch, Vol. 117 (1997), Iss. 4 : pp. 505–524

Additional Information

Article Details

Meier, Volker

Wenig, Alois

Abstract

In this paper both short-term and long-term effects of immigration on the income of the native population are analyzed. In the short run immigration usually changes the wage-interest ratio which increases the income of the natives. In the long run immigration may also have an impact on the rate of savings. If the natives are heterogeneous in their savings behavior, then immigration raises (lowers) their average income if the immigrants have a low (high) propensity to save. Natives with a high (low) rate of savings always benefit from a decline (rise) in the aggregate savings rate.