country of residence (“natives”) vs. those born in other EU and non-EU countries (“immigrants”). The differences in wealth are … more substantial than the differences in wages and incomes: immigrants earn on average about 30% lower wages than natives … immigrants—around 30%—can be explained by differences in demographics (age, gender, marital status, education, occupation, sector …

investment motive. Finally, migrants' skills raise remittances, while a large informal economy in the sending country depresses …

, Germany and Italy. The results show that, in all three countries, a sizeable wealth gap exists between natives and immigrants …

sector, four sub-sectors and twelve service sector branches. Recently, both Europe and the US have experienced an increase in … the growth of service jobs in Europe relative to the US persists. Understanding the main factors behind this gap is key to … achieving higher employment levels in Europe. This paper focuses on the role of barriers in the EU-15 which may have hindered …

We compare the labour market response to region-specific shocks in Europe and the US and to national shocks in Europe …-specific variables and the country factors. We find that both in Europe and the US labour mobility accounts for about 50% of the long run … adjustment to region-specific labour demand shocks and only a little more in the US than in Europe, where adjustment takes twice …