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The Macroeconomic Effects of Migration from the New European Union Member States to the United Kingdom

The Macroeconomic Effects of Migration from the New European Union Member States to the United Kingdom by Dora M. Iakova
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The United Kingdom allowed workers from the ten new European Union member countries immediate access to its labor market after the accession in 2004. This paper uses a general equilibrium framework to explore the dynamic adjustment of the UK economy to the postaccession surge in immigration. Simulations show that immigration is likely to have positive effects on economic growth, capital accumulation, consumption, and the public finances.
International Monetary Fund; March 2007
17 pages; ISBN 9781452764252
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Title: The Macroeconomic Effects of Migration from the New European Union Member States to the United Kingdom
Author: Dora M. Iakova