Matches in SemOpenAlex for { <https://semopenalex.org/work/W3122169670> ?p ?o ?g. }
- W3122169670 abstract "Shocks to net migration matter for the business cycles of some countries. Using an estimated dynamic stochastic general equilibrium (DSGE) model of a small open economy and a structural vector autoregression, we find that migration shocks account for a considerable proportion of the variability of per capita GDP. Migration shocks matter for the capital investment and consumption components of per capita GDP, but they are not the most important driver. Migration shocks are also important for residential investment and real house prices, but other shocks play a larger role in driving housing market volatility. In the DSGE model, the level of human capital possessed by migrants relative to that of locals materially affects the business cycle impact of migration. The impact of migration shocks is larger when migrants have substantially different levels of human capital relative to locals. When the average migrant has higher levels of human capital than locals, as seems to be common in most OECD economies, a migration shock has an expansionary effect on per capita GDP and its components." @default.
- W3122169670 created "2021-02-01" @default.
- W3122169670 creator A5010832586 @default.
- W3122169670 creator A5059020990 @default.
- W3122169670 date "2018-01-01" @default.
- W3122169670 modified "2023-09-27" @default.
- W3122169670 title "Migration and Business Cycle Dynamics" @default.
- W3122169670 cites W1548940372 @default.
- W3122169670 cites W1584324926 @default.
- W3122169670 cites W1992533843 @default.
- W3122169670 cites W2036697025 @default.
- W3122169670 cites W2043068743 @default.
- W3122169670 cites W2117821362 @default.
- W3122169670 cites W2124532652 @default.
- W3122169670 cites W2131740444 @default.
- W3122169670 cites W2154050474 @default.
- W3122169670 cites W2156114071 @default.
- W3122169670 cites W2233593273 @default.
- W3122169670 cites W239305132 @default.
- W3122169670 cites W2559960408 @default.
- W3122169670 cites W2610540204 @default.
- W3122169670 cites W2889995387 @default.
- W3122169670 cites W3121165374 @default.
- W3122169670 cites W3121293400 @default.
- W3122169670 cites W3123525239 @default.
- W3122169670 cites W3123752592 @default.
- W3122169670 cites W4251851782 @default.
- W3122169670 cites W978776 @default.
- W3122169670 doi "https://doi.org/10.2139/ssrn.3171890" @default.
- W3122169670 hasPublicationYear "2018" @default.
- W3122169670 type Work @default.
- W3122169670 sameAs 3122169670 @default.
- W3122169670 citedByCount "3" @default.
- W3122169670 countsByYear W31221696702018 @default.
- W3122169670 countsByYear W31221696702019 @default.
- W3122169670 countsByYear W31221696702022 @default.
- W3122169670 crossrefType "journal-article" @default.
- W3122169670 hasAuthorship W3122169670A5010832586 @default.
- W3122169670 hasAuthorship W3122169670A5059020990 @default.
- W3122169670 hasConcept C126285488 @default.
- W3122169670 hasConcept C126322002 @default.
- W3122169670 hasConcept C127598652 @default.
- W3122169670 hasConcept C133029050 @default.
- W3122169670 hasConcept C139719470 @default.
- W3122169670 hasConcept C144024400 @default.
- W3122169670 hasConcept C149782125 @default.
- W3122169670 hasConcept C149923435 @default.
- W3122169670 hasConcept C162324750 @default.
- W3122169670 hasConcept C17744445 @default.
- W3122169670 hasConcept C185782297 @default.
- W3122169670 hasConcept C199539241 @default.
- W3122169670 hasConcept C27548731 @default.
- W3122169670 hasConcept C2776943663 @default.
- W3122169670 hasConcept C2781300812 @default.
- W3122169670 hasConcept C2908647359 @default.
- W3122169670 hasConcept C30772137 @default.
- W3122169670 hasConcept C34447519 @default.
- W3122169670 hasConcept C36289849 @default.
- W3122169670 hasConcept C489367 @default.
- W3122169670 hasConcept C556758197 @default.
- W3122169670 hasConcept C71924100 @default.
- W3122169670 hasConcept C83873408 @default.
- W3122169670 hasConcept C91602232 @default.
- W3122169670 hasConcept C94625758 @default.
- W3122169670 hasConceptScore W3122169670C126285488 @default.
- W3122169670 hasConceptScore W3122169670C126322002 @default.
- W3122169670 hasConceptScore W3122169670C127598652 @default.
- W3122169670 hasConceptScore W3122169670C133029050 @default.
- W3122169670 hasConceptScore W3122169670C139719470 @default.
- W3122169670 hasConceptScore W3122169670C144024400 @default.
- W3122169670 hasConceptScore W3122169670C149782125 @default.
- W3122169670 hasConceptScore W3122169670C149923435 @default.
- W3122169670 hasConceptScore W3122169670C162324750 @default.
- W3122169670 hasConceptScore W3122169670C17744445 @default.
- W3122169670 hasConceptScore W3122169670C185782297 @default.
- W3122169670 hasConceptScore W3122169670C199539241 @default.
- W3122169670 hasConceptScore W3122169670C27548731 @default.
- W3122169670 hasConceptScore W3122169670C2776943663 @default.
- W3122169670 hasConceptScore W3122169670C2781300812 @default.
- W3122169670 hasConceptScore W3122169670C2908647359 @default.
- W3122169670 hasConceptScore W3122169670C30772137 @default.
- W3122169670 hasConceptScore W3122169670C34447519 @default.
- W3122169670 hasConceptScore W3122169670C36289849 @default.
- W3122169670 hasConceptScore W3122169670C489367 @default.
- W3122169670 hasConceptScore W3122169670C556758197 @default.
- W3122169670 hasConceptScore W3122169670C71924100 @default.
- W3122169670 hasConceptScore W3122169670C83873408 @default.
- W3122169670 hasConceptScore W3122169670C91602232 @default.
- W3122169670 hasConceptScore W3122169670C94625758 @default.
- W3122169670 hasLocation W31221696701 @default.
- W3122169670 hasOpenAccess W3122169670 @default.
- W3122169670 hasPrimaryLocation W31221696701 @default.
- W3122169670 hasRelatedWork W2045242351 @default.
- W3122169670 hasRelatedWork W2062803890 @default.
- W3122169670 hasRelatedWork W2276554688 @default.
- W3122169670 hasRelatedWork W2288101520 @default.
- W3122169670 hasRelatedWork W2546878305 @default.
- W3122169670 hasRelatedWork W2596011290 @default.
- W3122169670 hasRelatedWork W2610243271 @default.
- W3122169670 hasRelatedWork W2765442748 @default.