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In this paper, the authors simulate the long-run effects of migrant flows on wages of high-skilled and low-skilled non-migrants in a set of countries using an aggregate model of national economies. New in this literature they calculate the wage effect of emigration as well as immigration. They focus on Europe and compare the outcomes for large Western European countries with those of other key destination countries both in the OECD and outside the OECD. The analysis builds on an improved database of bilateral stocks and net migration flows of immigrants and emigrants by education level for the years 1990 through 2000.
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