Efectos macroeconómicos de la inmigración. Impacto sobre el empleo y los salarios de los nativos

Abstract

This article analyses both the literature and available evidence on the macro-economic effects of immigration. In particular, it focuses on its effects on the native employment and wages. After disentangling the assumptions underlying the substitution and segmentation hypotheses, it compares the empirical results obtained by the European and American investigations. From this evidence, it concludes that immigration has not increased the native unemployment, neither in USA nor Europe, but it might have contributed —although in a minor extent than international trade openness— to the increasing wage inequality in USA since the early eighties.