News

The Economic Effects of Immigration and Cultural Diversity

  • Doctoral School in Economics, Finance and Management (DSEFM)
    29 January 2026
  • Category
    Research
  • Topic
    Economics & Management

On 13 November 2025, we were delighted to welcome Prof. Gianmarco Ottaviano from Bocconi University.

As part of our lecture series on Cross-Border Labor Mobility, Prof. Ottaviano delivered an insightful lecture on “The Economic Effects of Immigration and Cultural Diversity”.

This lecture investigated the economic effects of immigration and cultural diversity at the national (macro), regional (city/county), and individual (wage/employment) levels. The central finding across studies is a net positive economic value of migration and diversity, largely driven by enhanced productivity and specialisation, though distributional effects exist.

However, the micro-level analysis highlighted a crucial trade-off: while diversity is productive, collaboration often reveals a preference for cultural homophily to minimise coordination frictions.

This lecture series is organised by Luxembourg Institute of Socio-Economic Research (LISER) and the Doctoral School in Economics, Finance and Management at the University of Luxembourg, in the framework of the Fonds National de la Recherche (FNR), Luxembourg-funded project ACROSS and financing scheme RESCOM.

An event supported by the Luxembourg National Research Fund (FNR) (PRIDE19/14302992) and (RESCOM/25/19439574)