Showing 1 - 10 of 24
Immigration may impact income distribution both by affecting the skill composition of a country's residents, and, by … focus primarily on factor prices. We first consider the economic theory of the impact of immigration on factor prices and … immigration on the native income distribution. We then survey the evidence on this question for several countries, and conclude by …
Persistent link: https://www.econbiz.de/10013060443
of migrants to four countries, viz. France, Germany, the UK and the US, which receive a substantial share of all … geographical and cultural, immigration policies and migrant networks. Differentiating immigrants by their educational attainments …, we observe interesting patterns in the skill composition, employment opportunities and wages for migrants to the …
Persistent link: https://www.econbiz.de/10012769704
The vast literature on the effects of immigration on wages and employment is plagued by likely endogeneity and … accounting for human capital endowments. Our analysis confirms the previous finding of limited effect of immigration on … unemployment and wages in aggregate analysis. We do find, however, evidence of distributional effects when accounting for human …
Persistent link: https://www.econbiz.de/10012955276
significant general effect of the EMU on wage growth nor on unemployment … (EMU) led to lower wage growth and lower unemployment in participating countries. Following Grüner's model, monetary … national business cycles which, in turn, leads to higher unemployment risk. In order to counter-balance this effect, trade …
Persistent link: https://www.econbiz.de/10013093430
Control over borders and access to the common market are key issues in the Brexit negotiations. We explore a sequential model, where the UK can commit to mobility, and the EU may constrain trade to dissuade future secession, or to punish the UK. The model highlights the importance of whether the...
Persistent link: https://www.econbiz.de/10012942014
1820-1909.We apply age heaping techniques to measure human capital selectivity of international migrants. In a sample of 52 … source and five destination countries we find selective migration determined by relative anthropometric inequality in source …
Persistent link: https://www.econbiz.de/10013315938
immigrants is selective both in terms of migrants' individual characteristics and their economic outcomes. We then examine the …
Persistent link: https://www.econbiz.de/10013058494
The paper analyses theoretically what role fiscal councils could play and surveys empirically the activities of existing councils. Case studies of the Swedish Fiscal Policy Council and the UK Office for Budget Responsibility are done. It is concluded that fiscal councils should be advisory,...
Persistent link: https://www.econbiz.de/10013128042
This paper proposes a new panel data structural gravity approach for estimating the trade and welfare effects of Brexit. The suggested Constrained Poisson Pseudo Maximum Likelihood Estimator exhibits some useful properties for trade policy analysis and allows to obtain estimates and confidence...
Persistent link: https://www.econbiz.de/10012926575
The UK's decision to leave the EU is surrounded by several studies simulating its potential effects. Alternatively, we examine expectations embodied in stock returns using a two-part estimation process. While most firms' prices fell, there was considerable heterogeneity in their relative...
Persistent link: https://www.econbiz.de/10012954358