Refugee Resettlement, Redistribution and Growth
CESifo, Munich, 2018
CESifo Working Paper No. 6961
This paper studies the effect of refugee resettlement on human capital accumulation. The analysis is performed in a growth model with endogenous fertility. I show how refugee resettlement from a more advanced and wealthier economy to a less advanced and less wealthy economy combined with income transfers is Pareto-improving for indigenous populations in both countries. I also derive conditions for the proposed resettlement policy to stimulate human capital accumulation and hence economic growth in both economies.
Fiscal Policy, Macroeconomics and Growth
Public Choice