Migrant Age Profiles and Long-Run Living Standards in Australia

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Parr, Nick
Guest, Ross
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2019
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Abstract

The age profile of immigration to Australia can be altered by public policies. This article applies a method of valuing long term population paths in order to evaluate alternative immigrant age profiles based on a proxy indicator of living standards over time for Australia. Results show that the variation in value of the population path follows an inverted U-shape by immigrant's age. The strength of preference between immigrants aged 20–29 years and older working age immigrants reduces as the social discount rate increases. Higher life expectancy and lower fertility accentuate preference for younger working age immigrants.

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Australian Economic Review
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© 2019 The University of Melbourne, Melbourne Institute of Applied Economic and Social Research. This is the peer reviewed version of the following article: Migrant Age Profiles and Long‐Run Living Standards in Australia, Australian Economic Review, Vol. 53, Iss. 2, June 2020, Pages 183-197, which has been published in final form at 10.1111/1467-8462.12356. This article may be used for non-commercial purposes in accordance with Wiley Terms and Conditions for Self-Archiving (http://olabout.wiley.com/WileyCDA/Section/id-828039.html)
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Economics
Social Sciences
Business & Economics
INTERNATIONAL MIGRATION
STATIONARY-POPULATIONS
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Parr, N; Guest, R, Migrant Age Profiles and Long-Run Living Standards in Australia, Australian Economic Review, 2019, 53 (2)
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