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In this chapter we analyze immigration and its effect on urban and regional economies focusing on productivity and labor markets. While immigration policies are typically national, the effects of international migrants are often more easily identified on local economies. The reason is that their...
Persistent link: https://www.econbiz.de/10012458239
of increased openness on human capital and wages of the sending countries. We find that, for plausible values of the …
Persistent link: https://www.econbiz.de/10012464608
The process of matching between firms and workers is an important mechanism in determining the distribution of wages …
Persistent link: https://www.econbiz.de/10012482041
Recent influential empirical work has emphasized the negative impact immigrants have on the wages of U.S.-born workers … impact of the relative skill levels of immigrants on the relative wages of U.S. workers. However, contrary to the findings of … previous literature, overall immigration generates a large positive effect on the average wages of U.S.-born workers. We show …
Persistent link: https://www.econbiz.de/10012467004
Persistent link: https://www.econbiz.de/10012461745
We study the determinants of the location of sub-contracted activity in a general equilibrium model of outsourcing and trade. We model outsourcing as an activity that requires search for a partner and relationship-specific investments that are governed by incomplete contracts. The extent of...
Persistent link: https://www.econbiz.de/10012469987
We develop a framework for studying trade in vertically and horizontally differentiated products. In our model, consumers with heterogeneous incomes and tastes purchase a homogeneous good as well as making a discrete choice of quality and variety of a differentiated product. The distribution of...
Persistent link: https://www.econbiz.de/10012463321
We construct a model of growth based on endogenous technological change in a small, open economy. Entrepreneurs develop new intermediate products whenever the present value of potential profits exceeds the cost of R&D. Diversity of intermediates contributes to total factor productivity in the...
Persistent link: https://www.econbiz.de/10012476078
Mobility within the European Union (EU) brings great opportunities and large overall benefits. Economically stagnant areas, however, may be deprived of talent through emigration, which may harm dynamism and delay political, and economic, change. A significant episode of emigration took place...
Persistent link: https://www.econbiz.de/10012456326
From the beginning of the Covid-19 pandemic to late 2021, international immigration flows to the US decreased significantly. We document the timing and the characteristics of these significant changes in flows, their evolution until late 2022 and their geographic and sector distribution. We...
Persistent link: https://www.econbiz.de/10013477303