NATIONAL BUREAU OF ECONOMIC RESEARCH
NATIONAL BUREAU OF ECONOMIC RESEARCH
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What is the Optimal Immigration Policy? Migration, Jobs and Welfare

Joao Guerreiro, Sergio Rebelo, Pedro Teles

NBER Working Paper No. 26154
Issued in August 2019, Revised in December 2019

---- Acknowledgments ----

We thank Laurence Ales and Chris Sleet for their comments, as well as participants at the November 2019 CRNYU conference. Teles thanks the financial support of FCT. The views expressed herein are those of the authors and do not necessarily reflect the views of the National Bureau of Economic Research or the Banco de Portugal. The views expressed herein are those of the authors and do not necessarily reflect the views of the National Bureau of Economic Research, as well as those of Banco de Portugal.

---- Disclosure of Financial Relationships for Pedro Teles ----

Teles thanks the financial support of FCT. The views expressed herein are those of the authors and do not necessarily reflect the views of the National Bureau of Economic Research, as well as those of Banco de Portugal.

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