Narrow search
Showing 1 - 10 of 713
Cover Image
Labor Market Competition and the Assimilation of Immigrants
Albert, Christoph; Glitz, Albrecht; Llull, Joan - 2021
In this paper, we show that the wage assimilation of immigrants is the result of the intricate interplay between individual skill accumulation and dynamic equilibrium effects in the labor market. When immigrants and natives are imperfect substitutes, increasing immigrant inflows widen the wage...
Persistent link: https://www.econbiz.de/10013216254
Cover Image
Risk Sharing in Currency Unions : The Migration Channel
Kohler, Wilhelm; Müller, Gernot J.; Wellmann, Susanne - 2021
quantify risk sharing can be extended to account for migration as an additional channel of cross-country risk sharing. In … theory, migration should play a key role when it comes to insulating per capita consumption from aggregate fluctuations, and … these results, we also present survey evidence which shows that migration rates are about 20 times higher in the US. Lastly …
Persistent link: https://www.econbiz.de/10013235109
Cover Image
Is Hard Brexit Detrimental to EU Integration? Theory and Evidence
Mikolajun, Irena - 2018
In the struggle between the forces of free trade and the restrictive influence of insularism the latter recently seems to have the upper hand. This is illustrated by the referendum of June 23, 2016 where the United Kingdom (UK) voted to leave the European Union (EU). In this paper we evaluate...
Persistent link: https://www.econbiz.de/10012908727
Cover Image
Quantifying Brexit : From Ex Post to Ex Ante Using Structural Gravity
Smarzynska Javorcik, Beata - 2020
Exploiting changes in the geography of economic integration in Europe, this paper uses detailed Exploiting changes in the geography of economic integration in Europe, we quantify the economic consequences of Brexit using a quantitative general equilibrium model that captures inter- and...
Persistent link: https://www.econbiz.de/10012850083
Cover Image
The Brexit Conundrum Worsens the UK's Relationship with the European Union
Ryan, John T - 2019
This paper examines the shortcomings in the UK government's Brexit negotiation strategy which reflected Prime Minister Theresa May's weak political leadership. The Prime Minister focused on securing the short-term political survival of her government amidst turbulent and fractious domestic...
Persistent link: https://www.econbiz.de/10012861473
Cover Image
On Optimal Currency Areas and Common Cycles : Are the Acceding Countries Ready to Join the Euro?
Grimm, Louisa; Steinkamp, Sven; Westermann, Frank - 2021
The former EU president Jean-Claude Junker has proposed that all countries of the European Union should also adopt the euro as their currency and recent research has shown that countries currently pursuing this goal indeed fulfill the classical Optimal Currency Area (OCA) criterion of positively...
Persistent link: https://www.econbiz.de/10013232406
Cover Image
The Trade and FDI Effects of EMU Enlargement
Brouwer, J.; Paap, Richard; Viaene, Jean-Marie - 2021
This paper considers the nature and the distribution of trade and FDI effects of a potential enlargement of the European Monetary Union (EMU) to the ten countries that obtained EU membership in 2004. One-way and two-way error component gravity models are estimated using a dataset of unbalanced...
Persistent link: https://www.econbiz.de/10013316812
Cover Image
Expecting Brexit
Dhingra, Swati; Sampson, Thomas - 2022
The Brexit vote precipitated the unravelling of the UK’s membership of the world’s deepest economic integration agreement. This paper reviews evidence on the realized economic effects of Brexit. The 2016 Brexit referendum changed expectations about future UK-EU relations. Studying its...
Persistent link: https://www.econbiz.de/10013306955
Cover Image
Migration between Platforms
Biglaiser, Gary - 2020
receive stochastic opportunities to migrate to an entrant. They can accept a migration opportunity or wait for a future … opportunity. In some circumstances, users have incentives to delay migration until others have migrated. If they all do so, no … migration takes place, even when migration would have been Pareto-superior. This provides an endogenous micro-foundation for …
Persistent link: https://www.econbiz.de/10012837685
Cover Image
Weather Shocks and Migration Intentions in Western Africa : Insights from a Multilevel Analysis
Bertoli, Simone - 2020
) migration intentions. We combine individual survey data on migration intentions with measures of localized weather shocks for … conditions, migration perceptions, or adaptation capabilities. We find that droughts are associated with a higher probability of … migration intentions in Senegal, Niger and Ivory Coast. The effect on international migration intentions are only significant in …
Persistent link: https://www.econbiz.de/10012842387