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Using bilateral data on migration across US metro areas, we find strong evidence that increasing house price and income … inequality has reduced long distance migration, the type most linked to jobs. For those migrating uphill, from a less to a more … dominate the incentives from higher earnings. By contrast, increasing income inequality drives the fall in downhill migration …
Persistent link: https://www.econbiz.de/10012022044
significant negative effect on output convergence?by discouraging migration within Canada?the Equalization transfers may have … on output convergence. The evidence suggests that while the Employment Insurance (EI) system seems to have had a … helped spur convergence. The EI system, despite reforms introduced in the 1990s, still appears to contain features that deter …
Persistent link: https://www.econbiz.de/10014403949
economic migration from rural to urban areas within a fast-growing emerging economy. While individuals cannot easily alter …
Persistent link: https://www.econbiz.de/10012518698
Persistent link: https://www.econbiz.de/10011374776
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 …
Persistent link: https://www.econbiz.de/10012122485
Raising South Africa's low employment rate to levels seen in emerging market or advanced economy peers could raise GDP per capita by 50 to 60 percent and reduce income inequality dramatically in the long term. By putting further strain on an already fragile labor market, Covid-19 has raised the...
Persistent link: https://www.econbiz.de/10012612327
This paper presents novel empirical evidence on the labor market integration of migrants across Europe. It investigates how successfully migrants integrate in 13 European countries by applying a unified framework to analyze a rich micro dataset with over ten million individuals surveyed between...
Persistent link: https://www.econbiz.de/10011932485
Monetary policy in the euro area is conducted within a multicountry, multicultural, and multilingual context involving multiple central banking traditions. How does this heterogeneity affect the ability of economic agents to understand and to anticipate monetary policy by the European Central...
Persistent link: https://www.econbiz.de/10014399987
unemployment. What is required instead is deeper labor market reforms across a broader range of complementary policies and …
Persistent link: https://www.econbiz.de/10014396054
employment, unemployment, and economic growth in OECD countries. The paper examines a number of facets of tax and welfare policy …
Persistent link: https://www.econbiz.de/10014400072