Alexander Ludwig

Should Germany have built a new wall? Macroeconomic lessons from the 2015-18 refugee wave

This research uses economic data modelling to look at whether the arrival of large numbers of refugees in 2015-16 depressed wages in Germany. It concludes that while some low-skilled natives did suffer, this effect was more than compensated for by welfare benefits to older residents. The researchers used data capturing the arrival of more than … Read more