Economics of Immigration : Immigration and the Australian Economy

Poverty, famines, wars, and ethnic conflicts lead to large movements of refugees. The papers in this book provide an analysis of the economics of immigration. Junankar discusses why people migrate, the likely destinations for migrants, and their employment in the destination countries. He studies the benefits to the migrant families in terms of higher wages and living standards, and also studies how immigrants fare in the Australian labour markets in terms of finding good jobs, and whether there is discrimination against them. Economics of Immigration analyses the macroeconomic impacts of immigration on the Australian economy and discusses why some groups favour immigration while other groups are against it. Junankar argues immigration has been beneficial for employment and growth; not only adding to labour supply but also to labour demand, hence leading to favourable outcomes. This collection of essays shows how immigration has helped the economic development of Australia, while also highlighting that the historical reasons for immigration lie in the colonisation of many countries in Asia and Africa. Front Matter....Pages i-xvii Introduction....Pages 1-18 Front Matter....Pages 19-19 Immigration and the Australian Macroeconomy: Perspective and Prospective....Pages 21-34 Immigration, Wages and Price Stability....Pages 35-104 Immigration and Australia’s External Account Balances....Pages 105-159 Recent Immigrants and Housing....Pages 160-247 Front Matter....Pages 249-249 Do Migrants Get Good Jobs? New Migrant Settlement in Australia....Pages 251-272 Do Migrants Get Good Jobs in Australia? The Role of Ethnic Networks in Job Search....Pages 273-300 Are Asian Migrants Discriminated against in the Labor Market? A Case Study of Australia....Pages 301-334 Back Matter....Pages 335-344