Kaldorian Disaggregation,Temporary Migration and Domestic Welfare |
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Authors: | Jennifer T Lai Bharat R Hazari Vijay Mohan |
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Institution: | 1. School of Finance, Guangdong University of Foreign Studies, Guangdong Province, China;2. Department of Economics and Finance, City University of Hong Kong, Kowloon, Hong Kong;3. School of Economics, Finance and Marketing, RMIT University, Melbourne, Australia |
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Abstract: | We build a model with two agents: domestic residents and temporary immigrants. The model incorporates Kaldorian disaggregation, with the two groups consuming different goods produced in the economy. It is established that, under certain conditions, an increase in immigrant labor lowers the welfare of the domestic residents. This runs against conventional wisdom that temporary immigration enhances the welfare of domestic residents. |
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