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dc.contributor.authorBentolila, Samuelen
dc.contributor.authorDolado, Juan Joséen
dc.contributor.authorJimeno, Juan F.en
dc.date.accessioned2008-02-07-
dc.date.accessioned2009-07-28T08:29:05Z-
dc.date.available2009-07-28T08:29:05Z-
dc.date.issued2007-
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
dc.language.isoengen
dc.publisher|aCenter for Economic Studies and ifo Institute (CESifo) |cMunichen
dc.relation.ispartofseries|aCESifo Working Paper |x2166en
dc.subject.jelE31en
dc.subject.jelJ64en
dc.subject.ddc330en
dc.subject.keywordPhillips curveen
dc.subject.keywordimmigrationen
dc.subject.stwPhillips-Kurveen
dc.subject.stwEinwanderungen
dc.subject.stwSchätzungen
dc.subject.stwSpanienen
dc.titleDoes immigration affect the Phillips curve?: some evidence for Spain-
dc.typeWorking Paperen
dc.identifier.ppn557976960en
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen

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