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Effects of the Refugees on the Economy. Syrian Crisis

Student: Mezentseva Ekaterina

Supervisor: Georgy Lukyanov

Faculty: International College of Economics and Finance

Educational Programme: Double degree programme in Economics of the NRU HSE and the University of London (Bachelor)

Final Grade: 7

Year of Graduation: 2019

This work will be focused on the Syrian refugee crisis, as they significantly affected the overall state of several countries in West Europe. I will try to find evidence, that inflow of refugees even in such enormous levels did not affect the economy that dramatically as many people think. I will try to see how average wages on the low skilled labour market changed after the Syrian Refugee Crisis burst out. I have chosen low skilled labour market as an indicator, as most of the asylum seekers and refugees arriving in Europe are either have no specific skills and education or are rejected by suitable employers due to the social status and discrimination even if they have higher education and work experience. That is why the low skilled labour market is mostly affected by Syrian refugees, mainly men in the age of 16-52. I have also chosen three countries as the representatives: France, Germany, Sweden due to the different reasons, which I will discuss in the next sections. The main aim of my work is to see what affects average wages on the low skilled labour market and to find whether the migration crisis has somehow affected it.

Full text (added June 13, 2019)

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