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It is often assumed that international labor migration from Tajikistan, while having no noticeable effects on … the migration decision is developed and tested empirically. In a second step, the effect of low-skilled labor migration on … household expenditure shares is analyzed using 2SLS. While only weak effects of migration measured by a simple dummy are visible …
Persistent link: https://www.econbiz.de/10010457933
Temporary and circular migration programs have been devised by many destination countries and supported by the European … additional reason for proposing temporary migration policies based on the characteristics of the foreign labor-effort supply. The … when temporary migration policies are adopted. -- Migration ; Exertion of effort ; Contracted Temporary Migration …
Persistent link: https://www.econbiz.de/10008990097
Unconventional fiscal policy uses announcements of future increases in consumption taxes to generate inflation expectations and accelerate consumption expenditure. It is budget neutral and time consistent. We provide preliminary evidence for the effectiveness of such policies using changes in...
Persistent link: https://www.econbiz.de/10013315437
Unconventional fiscal policies incentivize households to accelerate consumption by generating future consumer price ination, and offer an alternative to unconventional monetary policy (Correia et al. (2013)). We use a natural experiment to study the causal effect of unconventional fiscal...
Persistent link: https://www.econbiz.de/10012995195
Unconventional fiscal policy uses announcements of future increases in consumption taxes to generate inflation expectations and accelerate consumption expenditure. It is budget neutral and time consistent. We exploit a unique natural experiment for an empirical test of the effectiveness of...
Persistent link: https://www.econbiz.de/10012981297
We show that in a New Keynesian model with household heterogeneity, fiscal policy can be a perfect substitute for monetary policy: three simple conditions for consumption taxes, labor taxes, and the government debt level are sufficient to induce the same consumption and labor supply of each...
Persistent link: https://www.econbiz.de/10013342046
In HANK, we show that fiscal policy is an appropriate macroeconomic stabilization tool at the ZLB. Fiscal policy achieves the same macroeconomic aggregates and the same welfare as hypothetically unconstrained monetary policy by replicating its transmission mechanism. Consumption taxes and labor...
Persistent link: https://www.econbiz.de/10012549562
Migration contributes to the circulation of goods, knowledge, and ideas. Using community and individual-level data from …
Persistent link: https://www.econbiz.de/10013075980
individuals with a personal migration background. Major findings are: First, concerns about xenophobia lead to higher remittances …The determinants of migrants' remittances are the subject of this study based on German SOEP data (2001-2006). In … contrast to previous studies we analyze the motives for remittances not only for foreigners but also for the broader group of …
Persistent link: https://www.econbiz.de/10003725980
Gender-specific determinants of remittances are the subject of this study based on German SOEP data (2001-2006). In … decade, female migration to Germany has increased. Today, women constitute 48.6% of migratory flows to Germany, although the … proportion varies significantly by country of origin. A feminization of migration is observable all over the world, and is …
Persistent link: https://www.econbiz.de/10003726148