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Labor supply dynamics, unemployment and human capital investments
Wasmer, Etienne - 2002
market with wage rigidities may not recover from such a temporary labor supply shock: with a younger and less experienced … even after the shock. In a competitive market, in contrast, wage inequality and notably, the wage return to experience … becomes higher but there is no persistence of the supply shock. Higher education prevents this intertemporal multiplication of …
Persistent link: https://www.econbiz.de/10011410676
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Unemployment in the European Union : a dynamic reappraisal
Karanassou, Marika; Sala, Hector; Snower, Dennis J. - 2002
This paper examines the movements in EU unemployment from two perspectives: (a) the NRU/NAIRU perspective, in which unemployment movements are attributed largely to changes in the long-run equilibrium unemployment rate and (b) the chain-reaction perspective, in which unemployment movements are...
Persistent link: https://www.econbiz.de/10011412080
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Labour-market institutions and macroeconomic shocks
Chen, Yu-Fu; Snower, Dennis J.; Gylfi Zoega - 2002
Macroeconomic shocks and labour-market institutions jointly determine employment growth and economic performance. The effect of shocks depends on the nature of these intitutions and the effect of institutional change depends on the macroeconomic environment. It follows that a given set of...
Persistent link: https://www.econbiz.de/10011412386
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The impact of the unemployment benefit system on international spillover effects
Beissinger, Thomas; Büsse, Oliver - 2002
labor demand and the wage bargaining process. The analysis of the interaction of shock spillovers and benefit system focuses …
Persistent link: https://www.econbiz.de/10011415263
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Illegal migration and consumption behavior of immigrant households
Dustmann, Christian; Fasani, Francesco; Speciale, Biagio - 2016
We analyze the effect of immigrants' legal status on their consumption behavior using unique survey data that samples both documented and undocumented immigrants. To address the problem of sorting into legal status, we propose two alternative identification strategies as exogenous source of...
Persistent link: https://www.econbiz.de/10011500544
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Worker-level consequences of import shocks
Nilsson-Hakkala, Katariina; Huttunen, Kristiina - 2016
We analyse the effects of imports on employment and earnings by distinguishing between import competition in final products and firms' use of imports in production (offshoring). We use Finnish worker-firm data merged with product-level trade data. We focus on Chinese imports and instrument them...
Persistent link: https://www.econbiz.de/10011500656
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Labor supply shocks, native wages, and the adjustment of local employment
Dustmann, Christian; Schönberg, Uta; Stuhler, Jan - 2016
-Czech border, we examine the impact of an exogenous immigration-induced labor supply shock on local wages and employment of natives …. On average, the supply shock leads to a moderate decline in local native wages and a sharp decline in local native …
Persistent link: https://www.econbiz.de/10011520937
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Hurricane watch : battening down the effects of the storm on local crop production
Spencer, Nekeisha; Polachek, Solomon W. - 2015
This study utilizes a panel fixed effects model to explore the economic impact of hurricanes on local crop production in Jamaica using quarterly 1999-2008 micro level data. We find, in general, that hurricanes will have a negative impact on production but not for crops grown below ground. The...
Persistent link: https://www.econbiz.de/10011375974
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Environmental disasters and migration
Mbaye, Linguère Mously; Zimmermann, Klaus F. - 2015
This paper reviews the effect of environmental disasters on migration. Although there is an increase of environmental disasters and migration over the past years, the relationship is complex. While some authors find that environmental disasters increase migration, others show that they have only...
Persistent link: https://www.econbiz.de/10011346755
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Multiple job holding, local labor markets, and the business cycle
Hirsch, Barry T.; Husain, Muhammad M.; Winters, John V. - 2016
About 5 percent of U.S. workers hold multiple jobs, which can exacerbate or mitigate employment changes over the business cycle. Theory is ambiguous and prior literature is not fully conclusive. We examine the relationship between multiple job holding and local unemployment rates using a large...
Persistent link: https://www.econbiz.de/10011449729