Mette Foged in The Economist

With more than I million refugees crossing the European borders in 2015 the European countries and OECD are searching for answers to questions regarding impact on fiscal spenditure and the labour market. This week The Economist cites Mette Foged and Giovanni Peri under the headline "Europe’s new arrivals will probably dent public finances, but not wages":

"Mette Foged and Giovanni Peri studied refugees arriving in Denmark between 1991 and 2008, and found that they did nudge low-educated natives out of lowly jobs. But rather than sulking on the dole, the displaced natives switched to jobs that involved less manual labour, sometimes with higher salaries."

Read the whole story at The Economist.