Showing 1 - 10 of 51
We estimate empirically the effect of immigration on house prices and residential construction activity in Spain over … the period 1998-2008. This decade is characterized by both a spectacular housing market boom and a stunning immigration … wave. We exploit the variation in immigration across Spanish provinces and construct an instrument based on the historical …
Persistent link: https://www.econbiz.de/10005029665
We reformulate the Smets-Wouters (2007) framework by embedding the theory of unemployment proposed in Galí (2011a,b). We estimate the resulting model using postwar U.S. data, while treating the unemployment rate as an additional observable variable. Our approach overcomes the lack of...
Persistent link: https://www.econbiz.de/10008926996
We develop and estimate a structural model of inflation that allows for a fraction of firms that use a backward looking rule to set prices. The model nests the purely forward looking New Keynesian Phillips curve as a particular case. We use measures of marginal costs as the relevant determinant...
Persistent link: https://www.econbiz.de/10005772538
This paper investigates the effects of Spain’s large recent immigration wave on the labor supply of highly skilled … native women. We hypothesize that female immigration led to an increase in the supply of affordable household services, such … family responsibilities. Our evidence indicates that over the last decade immigration led to an important expansion in the …
Persistent link: https://www.econbiz.de/10004969341
In recent years, Spain has received unprecedented immigration flows. Between 2001 and 2006 the fraction of the … (relative to population), immigration increased by 24% the number of high school dropouts while only increasing college … high immigration regions. Disaggregating by industry, the absorption operated through large increases in the share of low …
Persistent link: https://www.econbiz.de/10005772298
Re-licensing requirements for professionals that move across borders are widespread. In this paper, we measure the returns to an occupational license using novel data on Soviet trained physicians that immigrated to Israel. An immigrant re-training assignment rule used by the Israel Ministry of...
Persistent link: https://www.econbiz.de/10005572577
This paper analyzes the political economy of immigration when the salient electoral issue is the level of immigrants … and the relevant immigration policy is the expenditure in immigration control. We consider that immigration affects voters … endogenously determined at equilibrium. At equilibrium, parties propose different levels of immigration, located to the left and to …
Persistent link: https://www.econbiz.de/10005103304
, Spain is of particular interest as a result of the specific regional NHS decentralisation that started in the early 1980’s …
Persistent link: https://www.econbiz.de/10005827530
history. Philip II of Spain entered into hundreds of contracts whose value and due date depended on verifiable, exogenous …
Persistent link: https://www.econbiz.de/10009321254
Spain). Second, by considering the influence of unobserved heterogeneity in the estimation of the effect of our (carefully … strong impact on labour market decisions in Spain. Unemployment regulations are shown to be particularly influential for … especially interesting instance: the reform of early retirement provisions undertaken in Spain in 2002. We use a difference …
Persistent link: https://www.econbiz.de/10008683242