Immigration and Secular Stagnation

Miyagiwa, Kaz; Ono, Yoshiyasu

Immigration and Secular Stagnation

Miyagiwa, Kaz; Ono, Yoshiyasu

Institute of Social and Economic Research Discussion Papers, 2019, 1054, 1-32

アクセス数:538件（2026-09-22 10:59 集計）

固定URL: https://hdl.handle.net/11094/72999

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タイトル	Immigration and Secular Stagnation
著者	著者名 Miyagiwa, Kaz
著者	NRID 1000070130763 1000070130763 researchmap permalink read0047247 read0047247 Scopus Author ID 7402959644 7402959644 著者名 Ono, Yoshiyasu
キーワード等	Immigration
	secular stagnation
	unemployment
	aggregate demand deficiency
	remittances
内容	May 2019. Revised June 2019.
抄録	We examine the effect of immigration on the host country in the dynamic model that can deal with secular unemployment. Immigration has contrasting effects, depending on the economic state of the host country. If there is unemployment, immigration worsens unemployment and decreases consumption by native residents whereas if full employment prevails, immigration has the effect of boosting consumption while keeping full employment. However, an influx of too many immigrants can turn the host country into stagnation. We also find that immigrants’ remittances are harmful to the host country under full employment but beneficial under secular stagnation.
出版者	The Institute of Social and Economic Research, Osaka University
収録物名	Institute of Social and Economic Research Discussion Papers
巻(号)	1054
ページ	1-32
刊行年月	2019-06
言語	英語
ハンドルURL	https://hdl.handle.net/11094/72999
関連情報 (references)	URI https://www.iser.osaka-u.ac.jp/static/resources/docs/dp/2019/DP1054R.pdf
アクセス権	metadata only access
カテゴリ	ディスカッション／ワーキング・ペーパー DP/WP
カテゴリ	Institute of Social and Economic Research Discussion Papers
最終更新日	2019-06

資源タイプ	テクニカルレポート
ローカル資源タイプ	ディスカッション／ワーキング・ペーパー
DCMI資源タイプ	text
DCTERMS.bibliographicCitation	Institute of Social and Economic Research Discussion Papers. 2019, 1054, p. 1-32
DC.title	Immigration and Secular Stagnation
DC.creator	Miyagiwa, Kaz
DC.creator	Ono, Yoshiyasu
DC.publisher	The Institute of Social and Economic Research, Osaka University
DC.language' scheme='DCTERMS.RFC1766	英語
DC.type' scheme='DCTERMS.DCMIType	text
DCTERMS.issued' scheme='DCTERMS.W3CDTF	2019-06
DC.relation' scheme='DCTERMS.URI	https://www.iser.osaka-u.ac.jp/static/resources/docs/dp/2019/DP1054R.pdf
DC.subject	Immigration
	secular stagnation
	unemployment
	aggregate demand deficiency
	remittances
DC.description	May 2019. Revised June 2019.
DCTERMS.abstract	We examine the effect of immigration on the host country in the dynamic model that can deal with secular unemployment. Immigration has contrasting effects, depending on the economic state of the host country. If there is unemployment, immigration worsens unemployment and decreases consumption by native residents whereas if full employment prevails, immigration has the effect of boosting consumption while keeping full employment. However, an influx of too many immigrants can turn the host country into stagnation. We also find that immigrants’ remittances are harmful to the host country under full employment but beneficial under secular stagnation.
DC.format	72999
citation_title	Immigration and Secular Stagnation
citation_author	Miyagiwa, Kaz
citation_author	Ono, Yoshiyasu
citation_publisher	The Institute of Social and Economic Research, Osaka University
citation_language	英語
citation_date	2019-06
citation_journal_title	Institute of Social and Economic Research Discussion Papers
citation_volume	1054
citation_firstpage	1
citation_lastpage	32
citation_public_url	https://hdl.handle.net/11094/72999
citation_abstract_html_url	https://www.iser.osaka-u.ac.jp/static/resources/docs/dp/2019/DP1054R.pdf

Immigration and Secular Stagnation

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