Title page for etd-0528118-160606


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URN etd-0528118-160606
Author Yu-Hsuan Chiang
Author's Email Address No Public.
Statistics This thesis had been viewed 5579 times. Download 47 times.
Department Economics
Year 2017
Semester 2
Degree Master
Type of Document
Language zh-TW.Big5 Chinese
Title The Macroeconomic Effects of Importing Low-Skilled Foreign Workers
Date of Defense 2018-06-04
Page Count 47
Keyword
  • low-skilled foreign labor
  • welfare
  • low-skilled foreign workers
  • dynamic stochastic general equilibrium model (DSGE)
  • skilled labor
  • Abstract Migrant workers are an increasingly important labor source for Taiwan since early 1992, particularly for low-skilled labor. This paper studies the macroeconomic effects of importing low-skilled workers in Taiwan, using a calibrated DSGE model. Since low-skilled migrant workers tend to be highly substitutable with domestic low-skilled workers, an increase in low-skilled migrant workers suppresses the real wage rate of the domestic low-skilled workers. As high-skilled labor is complements to low-skilled labor, an increase in low-skilled migrant workers raises the productivity of high-skilled workers and their real wage. Also, more migrant workers drives up marginal product of capital, increasing investment and thus overall output. From the perspective of welfare, an increase in low-skilled foreign workers elevates the welfare of high-skilled workers but lowers the welfare of domestic low-skilled workers.
    Advisory Committee
  • Juin-Jen Chang - chair
  • Chih-Yu Yang - co-chair
  • Shu-Chun Yang - advisor
  • Files
  • etd-0528118-160606.pdf
  • Indicate in-campus at 0 year and off-campus access at 1 year.
    Date of Submission 2018-06-28

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