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The simple analytics of optimal growth with migration

✍ Scribed by Correani, L.; Di Dio, F.; Patrì, S.


Book ID
121550791
Publisher
Springer Netherlands
Year
2014
Tongue
English
Weight
206 KB
Volume
49
Category
Article
ISSN
0033-5177

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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