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Immigration, growth and unemployment : panel VAR evidence from OECD countries

Boubtane, Ekrame; Coulibaly, Dramane; Rault, Christophe - 2013

This paper examines empirically the interaction between immigration and host country economic conditions. We employ …

Persistent link: https://www.econbiz.de/10009766677

Budgetary constrained governments : drivers of time varying fiscal sustainability in OECD countries

Afonso, António; Coelho, José Carlos - 2024

We assess the drivers of fiscal sustainability in 20 OECD economies between 1950 and 2019. We find stable long-term relationships between government revenues and expenditures as well as between the primary budget balance and past public debt ratio for the full panel. Performing an expanding...

Persistent link: https://www.econbiz.de/10014543858

Intra-and international risk-sharing in the short run and the long run

Becker, Sascha O.; Hoffmann, Mathias - 2003

We investigate empirically how industrialized countries and U.S. states share consumption risk at horizons between one and thirty years. U.S. federal states share about 50 percent of their permanent idiosyncratic risk through cross-state capital income flows. While insurance against transitory...

Persistent link: https://www.econbiz.de/10011404294

Labor market institutions, fiscal multipliers, and macroeconomic volatility

Boeck, Maximilian; Crespo Cuaresma, Jesús; Glocker, … - 2022

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 both...

Persistent link: https://www.econbiz.de/10013201691

Aging, social security design, and capital accumulation

Dedry, Antoine; Onder, Harun; Pestieau, Pierre - 2015

This paper analyzes the impact of aging on capital accumulation and welfare in a country with a sizable unfunded social security system. Using a two-period overlapping generation model with potentially endogenous retirement decisions, the paper shows that the type of aging, i.e. declining...

Persistent link: https://www.econbiz.de/10011392492

Aging, social security design, and capital accumulation

Dedry, Antoine; Onder, Harun; Pestieau, Pierre - 2016

This paper analyzes the impact of demographic aging on capital accumulation and welfare in economies with unfunded pensions. Using a two-period overlapping generation model with potentially endogenous retirement decisions, it shows that both the type of aging, i.e. declining fertility or...

Persistent link: https://www.econbiz.de/10011499785

Earlier or later : a general equilibrium analysis of bringing forward an already announced tax reform

Honerkamp, Josef (contributor); Moog, Stefan (contributor); … - 2004

The German Income Tax Reform 2000, which announced a reduction in income tax rates to be implemented in a series of three stages, was welcomed by the public as a step towards unleashing lurking growth potentials. Nonetheless, in the course of the year 2001 a dispute arose, centering around the...

Persistent link: https://www.econbiz.de/10002520046

Immigration and economic growth in the OECD countries 1986 - 2006

Boubtane, Ekrame; Dumont, Jean-Christophe; Rault, Christophe - 2015

. However, the growth impact of immigration is small even in countries that have highly selective migration policies. …

Persistent link: https://www.econbiz.de/10010533072

Immigration, search, and redistribution : a quantitative assessment of native welfare

Battisti, Michele; Felbermayr, Gabriel; Peri, Giovanni; … - 2014

We study the effects of immigration on native welfare in a general equilibrium model featuring two skill types, search … studied, immigration attenuates the effects of search frictions. These gains tend to outweigh the welfare costs of … redistribution. Immigration has increased native welfare in almost all countries. Both high-skilled and low-skilled natives benefit …

Persistent link: https://www.econbiz.de/10010418118

The changing structure of immigration to the OECD : what welfare effects on member countries?

Burzyński, Michal; Docquier, Frédéric; Rapoport, Hillel - 2018

We investigate the welfare implications of two pre-crisis immigration waves (1991–2000 and 2001–2010) and of the post … channels of transmission of immigration shocks - the employment and wage effects, the fiscal effect, and the market size effect …-country heterogeneity in the economic benefits from immigration. …

Persistent link: https://www.econbiz.de/10011822879

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