Migrant age profiles and long-run living standards in Australia

Nick Parr, Ross Guest

Research output: Contribution to journalArticleResearchpeer-review

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.

LanguageEnglish
Number of pages15
JournalAustralian Economic Review
DOIs
Publication statusE-pub ahead of print - 22 Nov 2019

Fingerprint

Migrants
Immigrants
Standard of living
Public policy
Inverted-U
Fertility
Immigration
Social discount rate
Life expectancy
Strength of preference

Keywords

  • Immigrants--Australia
  • immigration
  • Population projection
  • age distribution
  • age effects
  • living standards
  • immigration policy
  • demographic aging
  • Migrant
  • macroeconomic models
  • labour force
  • population modelling

Cite this

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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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Migrant age profiles and long-run living standards in Australia. / Parr, Nick; Guest, Ross.

In: Australian Economic Review, 22.11.2019.

Research output: Contribution to journalArticleResearchpeer-review

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