Norges Bank paper presents new evidence on immigration impact

The Norwegian central bank in Oslo. Image: Norges Bank

Researchers at Norway's central bank present new evidence on the – largely positive – effects of net inward migration in a working paper published on November 24.

Immigration and the macroeconomy: some new empirical evidence, by Francesco Furlanetto and Ørjan Robstad, aims to disentangle immigration shocks from other sources of business cycle fluctuations. The authors draw on an unusually extensive database of quarterly net migration figures for Norway, ignoring figures for asylum seekers, as th