This paper uses census and household survey data on Cameroon, Ghana, and South Africa to examine immigration's impact … in the context of a segmented labor market in Sub-Saharan Africa. We find that immigration affects (i) employment (ii … the impact depends on the degree of complementarity between immigrants and native workers' skills. Immigration is found to …

point decline in the unemployment rate. Our analysis shows that a large part of the decline in unemployment was structural …-level administrative data - that large immigration flows since 2012 have had dampening effects on aggregate wage growth, as complementarity …

unemployment—compared to the past. We examine another aspect that could explain this empirical finding, namely the demographic … effectiveness may moderate in graying societies. It then uses Bayesian estimation techniques for the U.S., Canada, Japan, U.K., and … Germany to confirm a weakening of monetary policy effectiveness over time with regards to unemployment and inflation. After …

unemployment by about 2.2 pp after five years. If sequencing is required, starting with PMRs would be more effective in boosting … output, while starting with LMRs would reduce unemployment faster. Finally, increasing unemployment benefits would be more …

The negative and stable relationship between an economy's aggregate demand conditions and overall unemployment is well …-documented. We show that there is a large degree of heterogeneity in the cyclical sensitivities of unemployment across worker and … economy groups. First, unemployment is more than twice as sensitive to aggregate demand in advanced as in emerging market and …