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The Impact of Immigration on the Structure of Wages: Theory and Evidence from Britain
Manacorda, Marco; Manning, Alan; Wadsworth, Jonathan - C.E.P.R. Discussion Papers - 2010
Immigration to the UK, particularly among more educated workers, has risen appreciably over the past 30 years and as … such has raised labor supply. However studies of the impact of immigration have failed to find any significant effect on …, namely that in the UK natives and foreign born workers are imperfect substitutes. We show that immigration has primarily …
Persistent link: https://www.econbiz.de/10008527530
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Inequality and Schooling Responses to Globalization Forces: Lessons from History
Williamson, Jeffrey G - C.E.P.R. Discussion Papers - 2006
In the first global century before 1914, trade and especially migration had profound effects on both low-wage, labour abundant Europe and the high-wage, labour scarce New World. Those global forces contributed to a reduction in unskilled labour scarcity in the New World and to a rise in...
Persistent link: https://www.econbiz.de/10005656203
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The Value of Children and Immigrants in a Pay-As-You-Go Pension System: A Proposal For a Partial Transition to a Funded System
Sinn, Hans-Werner - C.E.P.R. Discussion Papers - 1997
It is shown that the net fiscal externality created by an additional member of a pay-as-you-go-pension system that is endowed with individual accounts equals the gross contributions of this member. In Germany, this equals about 175,000 Deutsche marks. The paper uses this information to design a...
Persistent link: https://www.econbiz.de/10005792013
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Culture: Persistence and Evolution
Giavazzi, Francesco; Petkov, Ivan; Schiantarelli, Fabio - C.E.P.R. Discussion Papers - 2014
This paper presents evidence on the speed of evolution (or lack thereof) of a wide range of values and beliefs of different generations of European immigrants to the US. The main result is that persistence differs greatly across cultural attitudes. Some, for instance deep personal religious...
Persistent link: https://www.econbiz.de/10011083563
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Does Extending Unemployment Benefits Improve Job Quality?
Nekoei, Arash; Weber, Andrea - C.E.P.R. Discussion Papers - 2015
Contrary to standard search model predictions, prior studies failed to estimate a positive effect of unemployment insurance (UI) on reemployment wages. This paper estimates a positive UI wage effect exploiting an age-based regression discontinuity in Austrian administrative data. A search model...
Persistent link: https://www.econbiz.de/10011272710
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Contractual Dualism, Market Power and Informality
Basu, Arnab K; Chau, Nancy H; Kanbur, Ravi - C.E.P.R. Discussion Papers - 2011
Two stylized representations are often found in the academic and policy literature on informality and formality in developing countries. The first is that the informal (or unregulated) sector is more competitive than the formal (or regulated) sector. The second is that contract enforcement is...
Persistent link: https://www.econbiz.de/10009225957
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What Explains the German Labor Market Miracle in the Great Recession?
Burda, Michael C; Hunt, Jennifer - C.E.P.R. Discussion Papers - 2011
Germany experienced an even deeper fall in GDP in the Great Recession than the United States, with little employment loss. Employers’ reticence to hire in the preceding expansion, associated in part with a lack of confidence it would last, contributed to an employment shortfall equivalent to...
Persistent link: https://www.econbiz.de/10009246610
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Recent Developments in Intergenerational Mobility
Black, Sandra; Devereux, Paul J. - C.E.P.R. Discussion Papers - 2010
Economists and social scientists have long been interested in intergenerational mobility, and documenting the persistence between parents and children’s outcomes has been an active area of research. However, since Gary Solon’s 1999 Chapter in the Handbook of Labor Economics, the literature...
Persistent link: https://www.econbiz.de/10008468661
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Employment Turnover and Unemployment Insurance
Hassler, John; Mora, Rodríguez; Vicente, José - C.E.P.R. Discussion Papers - 1997
Two features distinguish European and US labour markets. First, most European countries have a considerably more generous unemployment insurance system. Second, the duration of unemployment and employment spells are substantially higher in Europe – employment turnover is lower. We show that...
Persistent link: https://www.econbiz.de/10005123698
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Career Progression and Formal versus On-the-Job Training
Adda, Jérôme; Dustmann, Christian; Meghir, Costas; … - C.E.P.R. Discussion Papers - 2007
We develop a dynamic discrete choice model of training choice, employment and wage growth, allowing for job mobility, in a world where wages depend on firm-worker matches, as well as experience and tenure and jobs take time to locate. We estimate this model on a large administrative panel data...
Persistent link: https://www.econbiz.de/10005124058