Logo
Munich Personal RePEc Archive

Skill-Upgrading and the Savings of Immigrants

Cristobal, Adolfo (2006): Skill-Upgrading and the Savings of Immigrants.

[thumbnail of MPRA_paper_221.pdf]
Preview
PDF
MPRA_paper_221.pdf

Download (124kB) | Preview

Abstract

This note derives positive and normative implications about the effects of immigration on welfare and the skill composition of the labor force in receiving economies. The main channel through which immigration affects labor-market outcomes is the availability of new loanable funds for investment, which results in endogenous skill-upgrading. Given their high training costs and their lifelong working period, immigrants self-select as net lenders, which facilitates the upgrading of both new generations of natives and migrants. Under sufficient altruism towards future generations, this induces a Pareto-improvement among the current generations of natives.

Atom RSS 1.0 RSS 2.0

Contact us: mpra@ub.uni-muenchen.de

This repository has been built using EPrints software.

MPRA is a RePEc service hosted by Logo of the University Library LMU Munich.