Tradable Refugee-admission Quotas (TRAQs), the Syrian Crisis and the new European Agenda on Migration

IZA Journal of European Labor Studies

Table 1 Simulation under revealed preferences: preferences are such that the market arrives at the actual number of pledges

Countries	Pledges	Initial quotas (EU proposal)	Anti-refugee sentiment: deduced from pledges	Market quota	Cost reduction with respect to initial quota	Cost reduction with respect to pledges
Austria	1,500	1,047	56	1,500	19%	60%
Belgium	300	1,156	372	300	55%	−570%
Czech Republic	70	1,238	1502	70	89%	−3337%
Denmark	390	814	144	390	27%	−217%
Finland	850	691	64	850	5%	37%
France	2,400	5,601	273	2,400	33%	−267%
Germany	30,000	7,277	27	30,000	975%	151%
Hungary	30	724	3303	30	92%	−4627%
Ireland	421	641	109	421	12%	−105%
Italy	450	4,691	1326	450	82%	−1885%
Luxembourg	60	347	90	60	68%	−956%
Netherlands	500	1,726	336	500	50%	−490%
Poland	100	2,269	3806	100	91%	−4337%
Portugal	93	1,660	1128	93	89%	−3370%
Spain	130	3,653	3594	130	93%	−5420%
Sweden	2,700	1,158	35	2,700	177%	114%
United Kingdom	143	5,445	4469	143	95%	−7416%
Total	40,137	40,137		40,137	92%	0%
Quotas traded				62%

Notes: Countries included are EU Member States that pledged to host Syrian refugees as of April 2015; pledges refer to the number of Syrian refugees they pledged to host as of April 2015; initial quotas are calculated by rescaling the EU proposal on resettlement for the omission of non-pledging countries; anti-refugee sentiment calculated as population over pledge divided by 1 million; market quota is the market allocation in this simulation given the assumptions