%0 Report %A O'Connor, Kelsey J. %T The Well-Being Costs of Immigration in Europe %D 2025 %8 2025 Mar %I Institute of Labor Economics (IZA) %C Bonn %7 IZA Discussion Paper %N 17816 %U https://www.iza.org/publications/dp17816 %X The immigrant population increased by 32 million in 37 European countries from 1990-2019. Much of this movement was internal, from east to west Europe. Although both the destination and origin countries could be affected, we find no effects on aggregate subjective well-being in either group, using country-panel and instrumental variable techniques. Immigrants, in contrast, experienced increased well-being, converted to monetary terms, in excess of £25,000 per person. We offer more comprehensive evidence than previous studies, in terms of country and period, and by assessing the impacts on subjective well-being, which captures all of the important factors affected by immigration. %K life satisfaction %K migrants %K emigration %K immigration %K subjective well-being %K Europe