Immigration and the Displacement of Incumbent Households
Series
School of Finance Working Paper Series
Type
working paper
Date Issued
2018-02
Author(s)
Abstract (De)
We make use of the universe of immigrants who arrived in Switzerland between 1992 and 2013, granular community level house price and wage data as well as detailed information on the Swiss population to study the effects of immigration on the location choice of incumbent households. Immigration influences a household’s location choice through three distinct channels: house price changes, labor market competition,and households’ sentiment regarding immigration. We find evidence of all three channels. However, we show that the channel to which a household responds most strongly depends on the type of immigration and the characteristics of the household.Our research provides valuable insights into some of the effects of large scale
immigration.
immigration.
Language
English
Keywords
Immigration
house prices
wages
employment
gentrification
displacement
HSG Profile Area
SOF - System-wide Risk in the Financial System
Publisher
SoF-HSG
Volume
2018
Number
2018/09
Pages
62
Subject(s)
Eprints ID
253784
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Name
Q__SOF_WP_Papers_18_09_Adams_et al_Immigration and the Displacement of Incumbent Households.pdf
Size
892.79 KB
Format
Adobe PDF
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