The impact of a large influx of refugees (or migrants) on the local labor market has long been an important topic among economists. In this study, we investigate the economic impact of the Venezuelan migrant inflow on labor market outcomes in Brazil. We employ the synthetic control method to exploit the concentration of a large inflow of Venezuelans in the Brazilian state of Roraima, which shares a land border with Venezuela. Results indicate that the inflow of Venezuelan refugees lowered labor force participation and employment rate but did not have a significant impact on hourly wages in Brazil. Our estimates show that labor force participation among less educated individuals decreased by a larger magnitude, while females lost jobs in informal and self-employed sectors. These findings contribute to a better understanding of the short-term economic consequences of hosting refugees in developing countries.

中文翻译：

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巴西的难民流入和劳动力市场结果：来自委内瑞拉外流的证据

大量难民（或移民）涌入对当地劳动力市场的影响长期以来一直是经济学家的重要话题。在这项研究中，我们调查了委内瑞拉移民流入对巴西劳动力市场结果的经济影响。我们采用综合控制方法来利用大量委内瑞拉人流入巴西罗赖马州的情况，该州与委内瑞拉接壤。结果表明，委内瑞拉难民的流入降低了劳动力参与率和就业率，但对巴西的小时工资没有显着影响。我们的估计表明，受教育程度较低的个人的劳动力参与率下降幅度较大，而女性在非正规和个体经营部门失去了工作。