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We use data from the NSF Survey of Earned Doctorates to examine the post-degree location choices of foreign-born students receiving PhDs from US universities in science and engineering. Over the period 1960 to 2008, 77% of foreign-born S&E PhDs state that they plan to stay in the United States....
Persistent link: https://www.econbiz.de/10010950815
The wage impact of immigration depends crucially on the elasticity of substitution between similarly skilled immigrants and natives and the elasticity of substitution between high school dropouts and graduates. This paper revisits the estimation of these elasticities. The U.S. data indicate that...
Persistent link: https://www.econbiz.de/10009321292
Two prominent features of international labor movements are that the more educated are more likely to emigrate (positive selection) and more-educated migrants are more likely to settle in destination countries with high rewards to skill (positive sorting). Using data on emigrant stocks by...
Persistent link: https://www.econbiz.de/10005718243
In a recent paper, Ottaviano and Peri (2007a) report evidence that immigrant and native workers are not perfect … disappears once the analysis adjusts for such heterogeneity. As an example, the finding of immigrant-native complementarity … low-skilled workers ). More generally, we cannot reject the hypothesis that comparably skilled immigrant and native …
Persistent link: https://www.econbiz.de/10005830921
This study constructs a new data set on unemployment rates in Latin America and the Caribbean and then explores the determinants of unemployment. We compare different countries, finding that unemployment is influenced by the size of the rural population and that the effects of government...
Persistent link: https://www.econbiz.de/10009226779
This paper discusses the NAIRU -- the non-accelerating inflation rate of unemployment. It first considers the role of the NAIRU concept in business cycle theory, arguing that this concept is implicit in any model in which monetary policy influences both inflation and unemployment. The exact...
Persistent link: https://www.econbiz.de/10005829454
This paper argues that hysteresis helps explain the long-run behavior of unemployment. The natural rate of unemployment is influenced by the path of actual unemployment, and hence by shifts in aggregate demand. I review past evidence for hysteresis effects and present new evidence for 20...
Persistent link: https://www.econbiz.de/10005829543
This paper asks how well Okun's Law fits short-run unemployment movements in the United States since 1948 and in twenty advanced economies since 1980. We find that Okun's Law is a strong and stable relationship in most countries, one that did not change substantially during the Great Recession....
Persistent link: https://www.econbiz.de/10010796591