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자료유형
학술저널
저자정보
저널정보
부산외국어대학교 지중해지역원 지중해지역연구 지중해지역연구 제18권 제4호
발행연도
2016.1
수록면
1 - 26 (26page)

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This study focuses on the economic aspects of the surge in asylum seekers in the European Union (EU), where the number of asylum applications in 2015 surpassed that in any of the past 30 years. A better understanding of the economic aspects of this increase would help inform the political debate. In analyzing the economic impact of the inflow, this study draws from the experiences of previous economic migrants and refugees. In the short run, the likely macroeconomic effect from the refugee surge is a modest increase in GDP growth, resulting from the fiscal expansion associated with support to the asylum seekers as well as the expansion in labor supply as the refugees begin to enter the labor force. The impact of the refugees on medium and long-run growth depends on how they are integrated into the labor market. International experience with economic immigrants suggests that migrants have lower employment rates and wages than natives, although these gaps are gradually diminishing over time. Policies can help open up these refugees’ paths to the labor market, including: (1) the minimization of restrictions on working during the asylum application phase; (2) active labor market policies (ALMPs) specifically targeted to refugees; (3) wage subsidies to private employers who employ immigrants; and (4) temporary exceptions to minimum or entry level wages. Rapid labor market integration is also important to reduce the net fiscal cost associated with the current inflow of asylum seekers. Indeed, the sooner these refugees find employment, the more they will help public finances by paying income tax and contributing to social security.

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