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Immigration in the Solow-Swan Model: can I ask If there is a decreased immigration in a country, what are the effects on the steady-state level
Immigration in the Solow-Swan Model:
can I ask If there is a decreased immigration in a country, what are the effects on the steady-state level of capital? Can you help me to explain this?
In addition, if the decreased immigration has effects on steady-state GDP per capital?
In my opinion, I think the GDP will decrease because population will decrease. I am not sure about it and I do not know how to describe it because I still confused about the Solow growth model.
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