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Immigration's Effect on US Wages and Employment Redux

Caiumi, Alessandro; Peri, Giovanni - National Bureau of Economic Research - 2024

employment-population ratio of natives to test for crowding out at the national level. Third, we analyze occupational upgrading … calculate a positive employment rate effect for most native workers. Even simulations for the most recent 2019-2022 period … suggest small positive effects on wages of non-college natives and no significant crowding out effects on employment …

Persistent link: https://www.econbiz.de/10014528428

Student work during secondary education, educational achievement, and later employment : a dynamic approach

Baert, Stijn; Neyt, Brecht; Omey, Eddy; Verhaest, Dieter - In: Empirical economics : a quarterly journal of the … 63 (2022) 3, pp. 1605-1635

Persistent link: https://www.econbiz.de/10013440394

Immigration, Offshoring and American Jobs

Ottaviano, Gianmarco; Peri, Giovanni; Wright, Greg C. - C.E.P.R. Discussion Papers - 2010

-savings" effect they may leave unaffected, or even increase, total native employment of less skilled workers. Our model also predicts … positive net effect on native employment while offshoring has no effect on it. We also find some evidence that offshoring has …

Persistent link: https://www.econbiz.de/10008680751

Chapter 10. Immigration and the Economy of Cities and Regions

Lewis, Ethan; Peri, Giovanni - In: Handbook of regional and urban economics : volume 5, (pp. 625-685). 2015

In this chapter, we analyze immigration and its effect on urban and regional economies focusing on productivity and labor markets. While immigration policies are typically national, the effects of international migrants are often more easily identified on local economies. The reason is that...

Persistent link: https://www.econbiz.de/10014025309

The Dynamics of R&D and Innovation in the Short-Run and in the Long-Run

Bottazzi, Laura; Peri, Giovanni - C.E.P.R. Discussion Papers - 2004

innovation output as measured by patent applications. We first estimate a long-run cointegration relation using recently … analyse the impulse response of new ideas to a shock to R&D or to a shock to innovation by estimating an error correction … mechanism. We find that internationally generated ideas have a very significant impact in helping innovation in a country. As a …

Persistent link: https://www.econbiz.de/10005666419

Dynamically optimal R&D subsidization

Grossmann, Volker; Steger, Thomas; Trimborn, Timo - In: Journal of Economic Dynamics and Control 37 (2013) 3, pp. 516-534

This paper characterizes the optimal time path of R&D and capital subsidization. Starting from the steady state under current R&D subsidization in the US, the R&D subsidy should significantly jump upwards and then slightly decrease over time. There is a small loss in welfare, however, from...

Persistent link: https://www.econbiz.de/10010870991

Oligarchic land ownership, entrepreneurship, and economic development

Falkinger, Josef; Grossmann, Volker - In: Journal of Development Economics 101 (2013) C, pp. 206-215

This paper develops a theory in which oligarchic ownership of land or other natural resources may impede entrepreneurship in the manufacturing sector and may thereby retard structural change and economic development. We show that, due to oligopsony power of owners in the agricultural labor...

Persistent link: https://www.econbiz.de/10010636569

Identifying Human Capital Externalities: Theory with an Application to US Cities

Ciccone, Antonio; Peri, Giovanni - C.E.P.R. Discussion Papers - 2002

Identification of the strength of human capital externalities at the aggregate level is still not fully understood. The existing method may yield positive or negative externalities even if wages reflect marginal social products. We propose an approach that yields positive average human capital...

Persistent link: https://www.econbiz.de/10005667099

The Economic Value of Cultural Diversity: Evidence from US Cities

Ottaviano, Gianmarco; Peri, Giovanni - C.E.P.R. Discussion Papers - 2004

We use data on wages and rents in different US cities to assess the amenity effects on production and consumption of cultural diversity as measured by diversity of countries of birth of city residents. We show that US-born citizens living in metropolitan areas where the share of foreign-born...

Persistent link: https://www.econbiz.de/10005792376

Optimal growth policy: The role of skill heterogeneity

Grossmann, Volker; Steger, Thomas M. - In: Economics Letters 119 (2013) 2, pp. 162-164

A simple semi-endogenous growth model is employed to show that optimal subsidization of both R&D and capital costs is independent of the distribution of R&D skills in the workforce. This holds despite the empirically supported fact that a higher R&D subsidy rate raises wages of R&D workers.

Persistent link: https://www.econbiz.de/10010664117