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Albanesi, Stefania; Silva, António Dias da; Jimeno, Juan F. - National Bureau of Economic Research - 2023

We examine the link between labour market developments and new technologies such as artificial intelligence (AI) and software in 16 European countries over the period 2011- 2019. Using data for occupations at the 3-digit level in Europe, we find that on average employment shares have increased...

Persistent link: https://www.econbiz.de/10014322745

The Entry Into the U.S. Labor Market of Antebellum European Immigrants, 1840-60

Ferrie, Joseph P. - 1996

This study examines the occupational mobility of antebellum immigrants as they entered the U.S. White collar, skilled, and semi-skilled immigrants left unskilled jobs more rapidly after arrival than farmers and unskilled workers. British and German immigrants fared better than the Irish;...

Persistent link: https://www.econbiz.de/10012473247

The Cyclical Behavior of Equilibrium Unemployment and Vacancies in the US and Europe

Justiniano, Alejandro - 2011

We set-up a real business cycle model with search and matching frictions driven by several shocks, which nests full … and Sweden). We conduct inference with mixed frequency data, combining quarterly series for unemployment, vacancies, GDP … country, which can then vary in terms of search and hiring costs, workers' bargaining power, unemployment benefits levels …

Persistent link: https://www.econbiz.de/10012461229

Rethinking the Informal Economy and the Hugo Effect

Pappadà, Francesco; Rogoff, Kenneth S. - National Bureau of Economic Research - 2023

This paper offers a new approach to measuring the size of the informal economy based on VAT data for the European Union. Although data intensive, our EVADE measure is simpler and more transparent than existing measures. EVADE also shows more variation across countries of Europe than earlier...

Persistent link: https://www.econbiz.de/10014447284

The Unequal Economic Consequences of Carbon Pricing

Känzig, Diego R. - National Bureau of Economic Research - 2023

This paper studies the economic impacts of carbon pricing. Exploiting institutional features of the European carbon market and high-frequency data, I document that a tighter carbon pricing regime leads to higher energy prices, lower emissions and more green innovation. This comes at the cost of...

Persistent link: https://www.econbiz.de/10014287322

Climate Policy and the Economy : Evidence from Europe's Carbon Pricing Initiatives

Känzig, Diego R.; Konradt, Maximilian - National Bureau of Economic Research - 2023

This paper investigates the impact of carbon pricing on the economy, with a focus on European carbon taxes and the carbon market. Our analysis reveals three key findings. First, while both policies have successfully reduced emissions, the economic costs of the European carbon market are larger...

Persistent link: https://www.econbiz.de/10014287360

Institutions, Restructuring, and Macroeconomic Performance

Caballero, Ricardo J. - 2000

A growing body of new research has emphasized the macroeconomic consequences of transactional impediments in factor markets, and their role in the recurrent restructuring requirements of modern economies. We first review the function institutional arrangements play in facilitating transactions...

Persistent link: https://www.econbiz.de/10012471041

Fiscal Increasing Returns, Hysteresis, Real Wages and Unemployment

Blanchard, Olivier J. - 1986

European unemployment is widely regarded as a problem of excessive real wages. This view as it is usually expressed carries the disturbing implication that there is a sharp conflict between the interests of those currently employed and the unemployed because it suggests that increases in...

Persistent link: https://www.econbiz.de/10012477035

Career Patterns of College Graduates in a Declining Job Market

Freeman, Richard B. - 1981

This study uses Current Population Survey cohort data and the National Longitudinal Survey for men aged 14-24 in 1966 to examine the earnings growth of college graduates relative to high school graduates during the 1970s depressed market for graduates. The principal finding is that the...

Persistent link: https://www.econbiz.de/10012478365

The Euro and Structural Reforms

Alesina, Alberto - 2008

This paper investigates whether or not the adoption of the Euro has facilitated the introduction of structural reforms, defined as deregulation in the product markets and liberalization and deregulation in the labor markets. After reviewing the theoretical arguments that may link the adoption of...

Persistent link: https://www.econbiz.de/10012464168

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