The simple analytics of optimal growth w
✍
Bharat R. Hazari; Pasquale M. Sgro
📂
Article
📅
2003
🏛
Elsevier Science
🌐
English
⚖ 221 KB
This paper analyses the impact of illegal migration on the optimal path of domestic (resident) consumption. The analysis draws two important conclusions. First, if illegal migrants and domestic labour are perfect substitutes, illegal migration necessarily lowers the long-run per capita consumption o