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dc.contributor.authorBentolila, Samuelen_US
dc.contributor.authorDolado, Juan Joséen_US
dc.contributor.authorJimeno, Juan F.en_US
dc.date.accessioned2008-02-07en_US
dc.date.accessioned2009-07-28T08:29:05Z-
dc.date.available2009-07-28T08:29:05Z-
dc.date.issued2007en_US
dc.identifier.urihttp://hdl.handle.net/10419/26210-
dc.description.abstractThe Phillips curve has flattened in Spain over 1995-2006: unemployment has fallen by 15 percentage points, with roughly constant inflation. This change has been more pronounced than elsewhere. We argue that this stems from the immigration boom in Spain over this period. We show that the New Keynesian Phillips curve is shifted by immigration if natives’ and immigrants’ labor supply or bargaining power differ. Estimation of the curve for Spain indicates that the fall in unemployment since 1995 would have led to an annual increase in inflation of 2.5 percentage points if it had not been largely offset by immigration.en_US
dc.language.isoengen_US
dc.publisherCESifo Münchenen_US
dc.relation.ispartofseriesCESifo working paper 2166en_US
dc.subject.jelE31en_US
dc.subject.jelJ64en_US
dc.subject.ddc330en_US
dc.subject.keywordPhillips curveen_US
dc.subject.keywordimmigrationen_US
dc.subject.stwPhillips-Kurveen_US
dc.subject.stwEinwanderungen_US
dc.subject.stwSchätzungen_US
dc.subject.stwSpanienen_US
dc.titleDoes immigration affect the Phillips curve?: some evidence for Spainen_US
dc.typeWorking Paperen_US
dc.identifier.ppn557976960en_US
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungen-
Appears in Collections:CESifo Working Papers, CESifo Group Munich

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