Battisti, Michele; Felbermayr, Gabriel; Peri, Giovanni; … - 2014
We study the effects of immigration on native welfare in a general equilibrium model featuring two skill types, search … frictions, wage bargaining, and a redistributive welfare state. Our quantitative analysis suggests that, in all 20 countries … studied, immigration attenuates the effects of search frictions. These gains tend to outweigh the welfare costs of …