Fear, Unemployment and Migration

Citation

Blanchflower D & Shadforth C (2009) Fear, Unemployment and Migration. Economic Journal, 119 (535), pp. F136-F182. https://doi.org/10.1111/j.1468-0297.2008.02224.x

Abstract
We examine the impact on the UK economy of the flow of workers from ten East European countries after their accession to the European Union. We find evidence that those most susceptible to competition from these workers have seen weaker wage inflation. We document that the presence of these foreign workers has increased the fear of unemployment and helped to contain wage pressure. We argue that this inflow of workers has increased supply by more than it has raised demand and, thus, had the effect of reducing both inflationary pressures and the natural rate of unemployment. ABSTRACT FROM AUTHORCopyright of Economic Journal is the property of Blackwell Publishing Limited and its content may not be copied or emailed to multiple sites or posted to a listserv without the copyright holder's express written permission. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.)

Keywords
ABSTRACTS; ACCURACY; Britain; COMPETITION; Copyright; Countries; DEMAND; EAST Europeans; Economic; economy; email; EMIGRATION & immigration; ENGLAND; EUROPE; EUROPE,Eastern; EUROPEAN Union; evidence; FEAR; GREAT Britain; IMMIGRANTS; IMPACT; Monetary policy; NUMBER; policies; Policy; properties; Publishing; SITES; Stirling; UK; Unemployment; universities; WAGE

Journal
Economic Journal: Volume 119, Issue 535