Showing 1 - 10 of 109
Australia is experiencing its largest mining boom for more than a century and a half. This paper explores, from a national perspective, important economic differences that arise when a mining boom, such as the current one, is generated by export price increases (trading gains) rather than export...
Persistent link: https://www.econbiz.de/10009294837
Trade liberalization is often met with sharp opposition. Recent examples include the so-called "Bolkestein" directive, which allows service providers from a given EU member to temporarily work in another member country. One way to view such a reform is that it simply widens the range of goods...
Persistent link: https://www.econbiz.de/10005761656
aggregate welfare. …
Persistent link: https://www.econbiz.de/10005822948
, welfare and public sector pay changes over the 2008 to 2012 period gave rise to lower than average losses for the bottom …
Persistent link: https://www.econbiz.de/10010884145
We analyze the effect of low-skill workers offshoring on the welfare of the economy. In the context of a matching model … with different possible equilibria, we discuss two policies that could potentially outweigh the negative welfare effects of … that, while both policy instruments can theoretically bring the economy back to previous welfare levels, careful thought …
Persistent link: https://www.econbiz.de/10010884257
Social welfare systems usually imply specific obligations for benefit recipients. If a recipient does not comply with … the literature on the effects of sanctions in social welfare systems and we present first results on the effects of … sanctions for young unemployed welfare recipients based on German administrative data. The German welfare system is particularly …
Persistent link: https://www.econbiz.de/10010959538
We study welfare effects of public short-time compensation (STC) in a model in which firms respond to idiosyncratic … profitability shocks by adjusting employment and hours per worker. Introducing STC substantially improves welfare by mitigating …
Persistent link: https://www.econbiz.de/10010959639
Migrants are typically self-selected from the population of their home country. While a large literature has identified the causes of self-selection, we turn in this paper to the consequences. Using a combination of non-parametric econometrics and calibrated simulation, we quantify the impact of...
Persistent link: https://www.econbiz.de/10010959688
In contrast to previous results combining all ages we find positive effects of comparison income on happiness for the under 45s, and negative effects for those over 45. In the BHPS these coefficients are several times the magnitude of own income effects. In GSOEP they cancel to give no effect of...
Persistent link: https://www.econbiz.de/10011271988
This paper evaluates the welfare impact of observed levels of migration and remittances in both origins and … and thus higher welfare, all else equal. Because of this effect, natives in countries that received a lot of migration … results show that the welfare impact of observed levels of migration is substantial, at about 5 to 10% for the main receiving …
Persistent link: https://www.econbiz.de/10011279236