2011 "The relationship between immigration and Labour Market: The cases of Germany, France and the United Kingdom", Empirical Economics Letters, 10(11), pp. 1007-1014, November
This paper examines the relationship between immigration and labour market in the three main European countries of immigration, by using non stationary panel data methodology. The empirical analysis applies panel unit root, panel cointegration test, a dynamic OLS and generalized method of moments estimator. The estimation of a trivariate VECM indicates that an increase of migrants is likely to increase wages in the destination countries both in long and in short term. In long term, unemployment rate and immigration rate are negatively correlated. There is no evidence of adverse effect on the labour market due to immigration.
2012 “The relationship between business cycles and migration: a comparison between traditional immigration countries”, Empirical Economics Letters, 11(1), pp. 95-102, January
This paper examines the relationship between business cycles, growth, unemployment and international migration in traditional European immigration countries (Germany, France, Sweden, Norway, UK) and traditional non-European immigration countries (Australia, Canada, United States). The empirical study adopts a panel VAR approach with two panels over the period 1975–2008. The long-run Granger causality and impulse response results show that the relationships between the variables are different between the regions considered.
2012 "Migration and unemployment duration in OECD countries: A dynamic panel analysis", Economics Bulletin, 32(2), pp. 1113-1124, April
This paper examines whether immigration has a positive influence on the duration of unemployment from a macroeconomic perspective. The integration of immigrants into the labor market is a recurrent topic in literature on the economic consequences of immigration, and it is a central concern to policy makers. However, to our knowledge, few researchers have studied the impact of immigration on the duration of unemployment. By using two methodologies of research, panel estimations (OLS and GMM) and panel cointegration techniques, we show that migration seems to influence short–term unemployment positively and long-term unemployment negatively for 14 OECD destination countries.
2013 “Migration and Labour Market in OECD countries: a panel cointegration approach” avec Olivier Damette, Applied Economics, 45(16), pp. 2295-2304, April
This article examines the interaction between immigration and the host labour market of 14 Organization for Economic Co-operation and Development (OECD) countries using nonstationary panel data methodology. We estimate a trivariate Vector Error Correction Model (VECM) and derive causality tests to simultaneously assess the long- and short-term macroeconomic impact of newcomers on wages and unemployment levels in the host country. The results suggest that an increase of migrants is likely to increase wages in the destination countries in the short run but to increase them in the long run. There is no evidence of adverse effects on unemployment due to immigration in short and long-term except for Anglo-Saxon countries in the short term. Our findings also show that immigration is conditioned by levels of unemployment and wages especially in Anglo-Saxon countries.
2013 "The relationship between immigration and unemployment: the case of France", Economic Analysis and Policy, 43(1), pp. 51-56, March
This paper examines the relationship between immigration, the labor market and economic development in France. Using a system of equations for unemployment, immigration, wage and gross domestic product, the estimation of a cointegration relationship shows there is no observed increase in aggregate unemployment due to immigration in the long run. The vector error correction model indicates that immigration influence negatively unemployment and past immigration has a smaller impact on increasing wages in the short run. Despite institutional differences, migration flows have weak (positive) effects on employment in the long run.
2013 "Financial development and economic growth: the case of ECOWAS and WAEMU", avec Komivi Afawubo, Economics Bulletin, 33(3), pp. 1715-1722, July
This paper examines the interaction between financial development and economic growth of the Economic Community Of West African States (ECOWAS) and West African Economic and Monetary Union (WAEMU) using non-stationary panel data methodology and a panel cointegration approach. We estimate a trivariate vector error correction model (VECM) to simultaneously assess the long- and short-term impact of financial development on economic growth. The results suggest that the use of the common currency promotes financial stability and allow the samepreference of demand domestic credit to private sector and liquid liabilities in foreign currencies both contribute to economic growth in the WAEMU. However in ECOWAS zone, in long-term (as in short-time), they prefer detente domestic credit (private and bank sector) which contribute to economic growth to liquid liabilities in foreign currencies which is negatively correlate to economic growth.