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A wave of change: labor market and social security impacts of the EU refugee inflow

datacite.subject.fosCiências Sociais::Economia e Gestãopt_PT
dc.contributor.advisorBatista, Cátia
dc.contributor.authorMascarenhas, Rui Duarte
dc.date.accessioned2016-02-19T15:25:48Z
dc.date.available2016-02-19T15:25:48Z
dc.date.issued2016-01
dc.description.abstractThe recent massive inflow of refugees to the European Union (EU) raises a number of unanswered questions on the economic impact of this phenomenon. To examine these questions, we constructed an overlapping-generations model that describes the evolution of the skill premium and of the welfare benefit level in relevant European countries, in the aftermath of an inflow of asylum-seekers. In our simulation, relative wages of skilled workers increase between 8% and 11% in the period of the inflow; their subsequent time path is dependent on the initial skill premium. The entry of migrants creates a fiscal surplus of about 8%, which can finance higher welfare benefits in the subsequent periods. These effects are weaker in a scenario where refugees do not fully integrate into the labor market.pt_PT
dc.identifier.tid201524724
dc.identifier.urihttp://hdl.handle.net/10362/16501
dc.language.isoengpt_PT
dc.subjectSkill premiumpt_PT
dc.subjectWelfare benefitspt_PT
dc.subjectRefugeespt_PT
dc.subjectEuropean unionpt_PT
dc.subjectInternational migrationpt_PT
dc.titleA wave of change: labor market and social security impacts of the EU refugee inflowpt_PT
dc.typemaster thesis
dspace.entity.typePublication
rcaap.rightsopenAccesspt_PT
rcaap.typemasterThesispt_PT
thesis.degree.nameA Work Project, presented as part of the requirements for the Award of a Masters Degree in Economics from the NOVA – School of Business and Economicspt_PT

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