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The macroeconomic effects of immigration: Israel in the 1990s
Abstract:
"In this paper we try to quantify the contribution of immigration to the Israeli economy during the early 1990s. In doing so we consider the effects of immigration on key macroeconomic variables such as GDP, investment, consumption, the labor market, imports, exports and the housing market....A base-run simulation is prepared for 1990-1994 assuming actual immigration. Thereafter a counterfactual simulation is prepared assuming a reduction in immigration; the difference between the two simulations estimates the contribution of immigration to the relevant endogenous variables."
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