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Immigration policy can have important net fiscal effects that vary by immigrants’ skill level. But mainstream methods …
Persistent link: https://www.econbiz.de/10013311709
Many European countries restrict immigration from new EU member countries. The rationale is to avoid adverse wage and …
Persistent link: https://www.econbiz.de/10010274461
This paper examines the effects of the COVID-19 pandemic on stock returns, CDS and economic activity in the US and the five European countries (the UK, Germany, France, Italy, and Spain) which have been most affected. The sample period covers the dates from the first confirmed COVID-19 cases in...
Persistent link: https://www.econbiz.de/10013211119
Germany. We examine their effect on today’s productivity, wages, income, rents, education, and population density at the … estimate that exposure to the arrival of refugees raised income per capita by around 13% and hourly wages by around 10% …After the end of World War II in 1945, millions of refugees arrived in what in 1949 became the Federal Republic of …
Persistent link: https://www.econbiz.de/10013292506
in employment rates than it is in wages. We also discuss how refugees are distinct in terms of other factors affecting …We provide an overview of the integration of refugees into the labor markets of a number of high-income countries …. Discussing the ways in which refugees and economic migrants are differently selected and so might be expected to perform …
Persistent link: https://www.econbiz.de/10012842968
About 1.4 million refugees and irregular migrants arrived in Europe in 2015 and 2016. We model how refugees and … Polls, we provide the first large-scale evidence on reasons to emigrate, and the self-selection and sorting of refugees and … irregular migrants for multiple origin and destination countries. Refugees and female irregular migrants are positively self …
Persistent link: https://www.econbiz.de/10012864933
This paper studies the employment and reallocation effects of minimum wages in Germany in a search-and-matching model … worker and firm heterogeneity. I find that minimum wages up to 70% of the median wage significantly increase productivity …
Persistent link: https://www.econbiz.de/10014356608
I discuss the econometrics and the economics of past research on the effects of minimum wages on employment in the … answer about the employment effects of minimum wages. My secondary goal is to discuss how we can narrow the range of … some insights from both theory and past evidence that may be informative about the effects of high minimum wages, and try …
Persistent link: https://www.econbiz.de/10012892198
wage bin throughout the monthly wage distribution. We find that, after one month, wages increased by 17 to 37 percent for …
Persistent link: https://www.econbiz.de/10013235105
We estimate the causal effects of a pandemic-era wage subsidy program in Canada on job losses and business closures. Our estimates use administrative microdata and a regression discontinuity strategy to estimate the effects of marginal changes in the wage subsidy rate. The estimated net wage...
Persistent link: https://www.econbiz.de/10014262746