Julian di Giovanni, Andrei Levchenko, Francesc Ortega, 01 July 2013

There is growing interest in understanding and quantifying the costs and benefits of migration. This column presents new research suggesting that migration benefits practically all origin and destination countries. OECD countries benefit because of greater domestic product variety and, in turn, most countries that are the source of migration countries benefit because the remittances sent by migrants more than offset the costs associated with smaller market size.

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