@inproceedings{altindag_blessing_2018,
	title = {Blessing or {Burden}? {The} {Impact} of {Refugees} on {Businesses} and the {Informal} {Economy}},
	url = {https://www.sandravrozo.com/uploads/2/9/3/0/29306259/aor_feb2018.pdf},
	abstract = {We study the impact of more than 3 million Syrian refugees on local businesses in Turkey,
using the annual censuses of firms with more than 20 employees from 2006 to 2015. Our
identification strategy exploits the fact that when the Syrian conflict intensified, Syrian refugees
disproportionately moved to Turkish provinces with a higher concentration of Arabic-speaking
populations. We find that Turkish firms experience a large positive demand shock induced by
the refugees’ migration which is mostly concentrated in the informal economy. These effects
are larger for smaller firms and those that operate in the construction or hotels sectors. We
also provide evidence suggesting that informal hiring from the refugee population contributes
to increased firm production by lowering the cost of labor.},
	author = {Altındag, Onur and Bakıs, Ozan and Rozo, Sandra V.},
	month = feb,
	year = {2018},
	keywords = {Economic, Refugee, Refugee impacts, Refugees impact on business, Refugees impact on the informal Economy, Turkey},
}

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