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Should Germany Have Built a New Wall? Macroeconomic Lessons from the 2015-18 Refugee Wave

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NBER2020-04-01 更新2025-01-04 收录
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In 2015-2016 Germany experienced a wave of predominantly low-skilled refugee immigration. We evaluate its macroeconomic and distributional effects using a quantitative overlapping generations model calibrated using German micro data to replicate education and productivity differentials between

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2020-04-01
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