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Ukrainian refugees arrive in Budapest
manhhai/flickr

Lorenzo Caliendo | Luca David Opromolla | Fernando Parro | Alessandro Sforza

The welfare and economic effects of the sudden and unprecedented increase in labour supply caused by the arrival of Ukrainian refugees from the Russia invasion, modelled across EU countries, reveals impact that varies across parts of the workforce – low-skilled labour, high-skilled labour, and owners of capital – and over time.

The short- and long-run effects of the refugee crisis in Europe

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VoxEU Editor-in-Chief

Richard Baldwin

Professor of International Economics Geneva Graduate Institute (IHEID); Associate Member, Nuffield College University Of Oxford; Founder & Editor-in-Chief VoxEU.org

Fellow, International Trade and Regional Economics / VoxEU Editor in Chief

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