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Does Immigration Affect the Phillips Curve? Some Evidence for Spain
Bentolila, Samuel; Dolado, Juan Jose; Jimeno, Juan F. - 2021
Spain over this period. We show that the New Keynesian Phillips curve is shifted by immigration if natives' and immigrants …' labor supply or bargaining power differ. Estimation of the curve for Spain indicates that the fall in unemployment since …The Phillips curve has flattened in Spain over 1995-2006: unemployment has fallen by 15 percentage points, with roughly …
Persistent link: https://www.econbiz.de/10013316646
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Employment Growth, Inflation and Output Growth : Was Phillips Right? Evidence from a Dynamic Panel
Caporale, Guglielmo Maria - 2013
In this paper we analyse the short- and long-run relationship between employment growth, inflation and output growth in Phillips' tradition. For this purpose we apply FMOLS, DOLS, PMGE, MGE, DFE, and VECM methods to a nonstationary heterogeneous dynamic panel including annual data for 119...
Persistent link: https://www.econbiz.de/10013092691
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Electoral Uncertainty, Fiscal Policy and Macroeconomic Fluctuations
Malley, Jim - 2005
capital accumulation. Our econometric estimation, using U.S. data, finds a statistically significant link between electoral …
Persistent link: https://www.econbiz.de/10012784084
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Identification of New Keynesian Phillips Curves from a Global Perspective
Dees, Stephane; Pesaran, M. Hashem; Smith, L. Vanessa; … - 2021
New Keynesian Phillips Curves (NKPC) have been extensively used in the analysis of monetary policy, but yet there are a number of issues of concern about how they are estimated and then related to the underlying macroeconomic theory. The first is whether such equations are identified. To check...
Persistent link: https://www.econbiz.de/10013316577
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Who's Afraid of Foreign Aid? The Donors' Perspective
Chong, Alberto; Gradstein, Mark - 2021
With efforts across the industrial countries to increase the amount of foreign aid mounting, it is important to understand its determinants. This paper examines the factors affecting the support for foreign aid among voters in donor countries. A simple theoretical model, which considers an...
Persistent link: https://www.econbiz.de/10013317356
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Immigration, Regional Conditions, and Crime : Evidence from an Allocation Policy in Germany
Piopiunik, Marc - 2015
authorities across regions upon arrival, we find that immigration significantly increases crime. The crime impact of immigration …
Persistent link: https://www.econbiz.de/10013023910
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Immigration, Growth and Unemployment : Panel VAR Evidence from OECD Countries
Boubtane, Ekrame; Coulibaly, Dramane; Rault, Christophe - 2021
This paper examines empirically the interaction between immigration and host country economic conditions. We employ …
Persistent link: https://www.econbiz.de/10013315737
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Dutch Disease and the Mitigation Effect of Migration : Evidence from Canadian Provinces
Beine, Michel A. R.; Coulombe, Serge; Vermeulen, Wessel - 2021
This paper looks at whether immigration can mitigate the Dutch disease effects associated with booms in natural …, we test for the existence of a mitigating effect of immigration in terms of an increase in the size of the non … immigration. Nevertheless, interprovincial migration also results in a spreading effect of Dutch disease from booming to non …
Persistent link: https://www.econbiz.de/10013315912
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Can't Buy Mommy's Love? Universal Childcare and Children's Long-Term Cognitive Development
Felfe, Christina - 2013
What happens to children's long-run cognitive development when introducing universal high-quality childcare for 3-year olds mainly crowds out maternal care? To answer this question we exploit a natural experiment framework and employ a difference-in-difference approach. We find sizable...
Persistent link: https://www.econbiz.de/10013087731
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Are the Spanish Long-Term Unemployed Unemployable?
Bentolila, Samuel - 2017
Long-term unemployment reached unprecedented levels in Spain in the wake of the Great Recession and it still affects …
Persistent link: https://www.econbiz.de/10012961076