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profiles. Our study also explains the willingness of immigrants to accept jobs at wages that seem unacceptable to natives …
Persistent link: https://www.econbiz.de/10013229696
natives’ wages, and that skilled immigration can actually increase them. We develop a model with regional labor markets and … but skill-biased on aggregate, skilled immigration can increase absolute and relative skilled wages. Therefore, firm … migrants are perfect substitutes within a firm. In this setting, a skilled labor supply shock due to immigration has two …
Persistent link: https://www.econbiz.de/10014358402
Survey measures of the reservation wage reflect both the consumption-leisure trade-off and job search concerns (the arrival rate of job offers and the wage distribution). We examine what a survey measure of the reservation wage reveals about labor supply when search concerns are absent. To this...
Persistent link: https://www.econbiz.de/10012831654
We study empirically how various labor market institutions – (i) union density, (ii) unemployment benefit remuneration, and (iii) employment protection – shape fiscal multipliers and output volatility. Our theoretical model highlights that more stringent labor market institutions attenuate...
Persistent link: https://www.econbiz.de/10014083477
Human capital can depreciate if skills are unused. But estimating human capital depreciation is challenging, as worker skills are difficult to measure and less productive workers are more likely to spend time in non-employment. We overcome these challenges with new administrative data on...
Persistent link: https://www.econbiz.de/10013315202
We use (donut) regression discontinuity design and difference-in-differences estimators to estimate the impact of a one-shot hiring subsidy targeted at low-educated unemployed youths during the Great Recession recovery in Belgium. The subsidy increases job-finding in the private sector by 10...
Persistent link: https://www.econbiz.de/10014244086
This paper investigates the effect of labor immigration on public pensions when wage setting by a centralized trade … union leads to unemployment. It is shown that immigration improves the financial soundness of pay-as-you-go pensions if and …
Persistent link: https://www.econbiz.de/10010261320
This paper explores the effects of high skilled immigration to a host country with unionized low skilled labor and an … unemployment insurance scheme. We show that such immigration can create a negative immigration surplus due to adverse effects on …
Persistent link: https://www.econbiz.de/10010264446
Recent European legislation on immigration has revealed a particular paradox on migration policies. On the one hand … controls the information related to the immigration stock it could delay the mass entry of immigrants, maintaining the required …
Persistent link: https://www.econbiz.de/10010266040
I show how the influences of unskilled immigration, differential fertility between immigrants and the local indigenous … low-skilled workers lose from unskilled immigration even if the indigenous low-skilled workers do not finance …
Persistent link: https://www.econbiz.de/10010270531