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EU Migration, Income and Unemployment

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About 2 millions are migrating into Europe each year either for job seeking or for better living environment. The flow of workers into the UK and Ireland following the EU's 2004 enlargement was the largest inward migration ever recorded into either country over a two-year period. Spain's official immigrant population has risen by 400 percent in ten years. And Italy worries about an estimated 100,000 Romanian immigrants, most of whom are thought to be without a job. Thereby EU's migration policy has been a thorny issue and individual EU member countries are trying to solve the problem in the scope of EU level as well as national level. This paper examines the migration policy changes in EU in accordance with the migration trend. And then this paper analyzes the migration policy effects on GDP,unemployment, and wage in EU countries with several empirical tests. The empirical results show that the migration into EU15 affects wage reduction and increases nationals' unemployment rate in the EU15 countries. However, both EU15 and EU12 enjoy GDP growth from the migration.

Abstract

About 2 millions are migrating into Europe each year either for job seeking or for better living environment. The flow of workers into the UK and Ireland following the EU's 2004 enlargement was the largest inward migration ever recorded into either country over a two-year period. Spain's official immigrant population has risen by 400 percent in ten years. And Italy worries about an estimated 100,000 Romanian immigrants, most of whom are thought to be without a job. Thereby EU's migration policy has been a thorny issue and individual EU member countries are trying to solve the problem in the scope of EU level as well as national level. This paper examines the migration policy changes in EU in accordance with the migration trend. And then this paper analyzes the migration policy effects on GDP,unemployment, and wage in EU countries with several empirical tests. The empirical results show that the migration into EU15 affects wage reduction and increases nationals' unemployment rate in the EU15 countries. However, both EU15 and EU12 enjoy GDP growth from the migration.

참고문헌 (34)

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