Abstract
AbstractMost rich nations maintain very tight restrictions on immigration despite widespread globalisation since World War II. This paper breaks new ground by assessing these barriers’ poverty implications, using a two‐region, one‐sector, dynastic growth model with a continuum of skills. Like other global studies of migration, I find that rich nation immigration impediments impose huge losses on the global economy. I also find that such barriers increase global poverty by 40% or more. This corroborates a conclusion drawn by others: opening rich nations to freer immigration could reduce poverty more than any other single policy shift.
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