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Can history shed light on the modern debate about immigration's labor market impact in high wage economies? This paper … global century. It then assesses the effects of immigration on wages and employment with and without international capital … economic relationships and immigration policy. It concludes with an explanation for the apparent difference in immigration …
Persistent link: https://www.econbiz.de/10012466251
Immigrants who arrived in the U.S. before the Civil War were less likely to reside in locations with high immigrant concentrations as their time in the U.S. increased. This is contrary to the experience of recent immigrants who show no decrease in concentration after arrival. The reduced...
Persistent link: https://www.econbiz.de/10012473100
immigration policies of the two countries began to diverge considerably: the United States stressing family reunification and …
Persistent link: https://www.econbiz.de/10012475320
, mortality, life expectancy, and immigration. Particular emphasis is placed on the interaction between rising inequality and the … contributions to slowing growth are made by a decline in the population share of both legal and illegal immigration and a turnaround …
Persistent link: https://www.econbiz.de/10012453162
Persistent link: https://www.econbiz.de/10000676865
The creation of the euro and the European Central Bank is a remarkable and unprecedented event in economic and political history: creating a supranational central bank and leaving eleven countries without national currencies of their own. The experience of the first year confirms that one size...
Persistent link: https://www.econbiz.de/10012471257
Borrowing from the experience of environmental markets, this paper proposes a system of tradable deficit permits as an efficient mechanism for implementing fiscal constraints in the European Monetary Union: having chosen an aggregate target for the Union and an initial distribution of permits,...
Persistent link: https://www.econbiz.de/10012471505
In this paper I focus on two specific hazard areas in the transition from Stage Two to Stage Three of European economic and monetary union (EMU), as well as on some key problems of Stage Three that EMU's monetary and fiscal structures appear ill-prepared to handle. The transitional hazards are...
Persistent link: https://www.econbiz.de/10012471509
Available studies on asymmetries in the monetary transmission mechanism within Europe are invariably based on macro-economic evidence: such evidence is abundant but often contradictory. This paper takes a different route by using micro-economic data. We use the information contained in the...
Persistent link: https://www.econbiz.de/10012471558