The Macroeconomic Effects of Migration from the New European Union Member States to the United Kingdom

Author/Editor: Iakova, Dora M.
Publication Date: March 01, 2007
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Disclaimer: This Working Paper should not be reported as representing the views of the IMF. The views expressed in this Working Paper are those of the author(s) and do not necessarily represent those of the IMF or IMF policy. Working Papers describe research in progress by the author(s) and are published to elicit comments and to further debate
Summary: 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.
Series: Working Paper No. 07/61
Subject(s): Migration | United Kingdom | European Union | Globalization | Economic models | Labor mobility

Author's Keyword(s): Immigration | new EU member states | globalization | free labor movement
Publication Date: March 01, 2007
ISBN/ISSN: 1934-7073 Format: Paper
Stock No: WPIEA2007061 Pages: 17
US$18.00 (Academic Rate:
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