Dear colleagues,

The Department of Economics cordially invites you to the WU Economic Research Seminar (Department Seminar) on Wednesday, November 25^th, with

Andreas Steinmayr

(University of Innsbruck)

on

"Immigrating into a Recession"

Abstract: We analyze how economic conditions at the time of arrival shape the economic integration of family migrants in the US. Our identification strategy exploits years-long waiting times for visa that decouple the migration decision from economic conditions at the time of arrival. We find that initial economic conditions have considerable consequences for the integration of family migrants. A one pp higher initial unemployment rate decreases wage income by four percent in the short run and by 2.5 percent in the longer run. The reduction in wage income is the result of substantial occupational downgrading. Family migrants who immigrate into a recession draw on ethnic networks to mitigate the negative labor market effects. They are also more likely to reside with family members, potentially reducing their geographical mobility.

Date: Wednesday, November 25^th

Time: 4.30-6.00 pm

Location: MS Teams. You can access starting from 4.30 pm using this link.

With best regards,

Harald Oberhofer

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Univ.-Prof. Dr. Harald Oberhofer

Institute for International Economics

WU Vienna University of Economics and Business

Phone: +43/1/31336-4984

Fax: +43/1/31336-4984

Email: harald.oberhofer@wu.ac.at

Webpage: https://www.wu.ac.at/ie/mitarbeiter/harald-oberhofer/

Austrian Institute of Economic Research (WIFO)

Phone: +43/1/7982601-468

Fax: +43/1/7989386

Email: harald.oberhofer@wifo.ac.at

Webpage: http://www.wifo.ac.at/harald_oberhofer