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We analyze an oligopolistic market where a domestic and a foreign firm are engaged in a takeover battle for a domestic competitor. Any merger or acquisition (M&A) must be approved by a welfare maximizing domestic competition agency which may or may not be prone to "economic patriotism". A...
Persistent link: https://www.econbiz.de/10003597575
The primary purpose of this paper is to provide a review of the papers within the economics literature that have examined the questions of immigrant welfare use and the responsiveness of immigrants to the incentives created by welfare systems. While our focus is largely on papers looking at the...
Persistent link: https://www.econbiz.de/10003716533
This paper investigates the role that idiosyncratic uncertainty plays in shaping social preferences over the degree of labor market flexibility, in a general equilibrium model of dynamic labor demand where the productivity of firms evolves over time as a Geometric Brownian motion. A key result...
Persistent link: https://www.econbiz.de/10003719624
While global migration is increasing, internal EU migration flows have remained low. This paper contributes to a better … including the recent Eastern enlargements. The determinants of migration before and after the 2004 enlargement and in the EU15 … and EU10 countries are analysed using individual data on migration intentions. In addition, perceptions about the size of …
Persistent link: https://www.econbiz.de/10003737640
the actual implementation of this system would be politically problematic. -- EU enlargement ; migration ; welfare state …
Persistent link: https://www.econbiz.de/10003310966
analysis of the available literature and empirical evidence shows that (i) EU enlargement had a significant impact on migration … hard to detect, (iv) post-enlargement migration contributes to growth prospects of the EU, (v) these immigrants are … out the difficulties that restrictions on the free movement of workers bring about. -- Migration ; migration effects ; EU …
Persistent link: https://www.econbiz.de/10003793577
who have been trained in Europe could set a new course. -- Migration ; migration effects ; EU Eastern enlargement ; free …
Persistent link: https://www.econbiz.de/10003809161
The Eastern enlargement of the EU was an institutional impetus to the migration potential in Europe. While the overall … numbers of migrants from the new member states in the EU15 increased between 2003 and 2007, this increase was distributed … unevenly among countries. The proportion of these migrants in the EU15 remains smaller than that of non-EU27 migrants. The …
Persistent link: https://www.econbiz.de/10003863171
We propose and estimate a model where unemployment fluctuations result from self-fulfilling changes in expected inflation (sunspot shocks) affecting nominal wage bargaining. Since the estimated parameters fall near the locus of Hopf bifurcations, country-specific expected inflation shocks can...
Persistent link: https://www.econbiz.de/10003879337
unexploited database (EU-Silc), we find no evidence that legal migrants, notably skilled migrants, are net recipients of transfers … dilemma facing Europe involves i. co-ordinating safety nets across the EU, ii. adopting explicitly selective migration …
Persistent link: https://www.econbiz.de/10003872704