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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 … impact of education acquired domestically and abroad in determining migrants' subsequent employment prospects. The analysis …
Persistent link: https://www.econbiz.de/10011932485
Persistent link: https://www.econbiz.de/10009424697
This paper examines whether the clarity of central bank communication about inflation has changed with the economic environment. We use readability statistics and content analysis to study the clarity of communication on the inflation outlook by seven central banks between 1997 and 2010....
Persistent link: https://www.econbiz.de/10014396893
Yugoslav inflation unfolded as a classic wage-price-exchange rate spiral through the 1970s and 1980s and exploded into hyperinflation in the last quarter of 1989. This paper examines the process of monetary accommodation of inflation, the behavior of demand for money, and the interaction between...
Persistent link: https://www.econbiz.de/10014396351
Persistent link: https://www.econbiz.de/10011281165
We assess the ongoing reform efforts in Japan in terms of inclusive growth. We use prefectural level panel data to regress a measure of inclusive growth, which incorporates both average income growth and income inequality, on macroeconomic and policy variables. Our analysis suggests that...
Persistent link: https://www.econbiz.de/10011281935
Persistent link: https://www.econbiz.de/10011282781
This paper focusses on income inequality in Asia, its drivers and policies to combat it. It finds that income inequality has risen in most of Asia, in contrast to many regions. While in the past, rapid growth in Asia has come with equitable distribution of the gains, more recently fast-growing...
Persistent link: https://www.econbiz.de/10011445358
We discuss existing shortfalls and inequalities in the accumulation of human capital-knowledge, skills, and health. We analyze their immediate and systemic causes, and assess the scope for public intervention. The broad policy goals should be to improve: the quality, and not just the quantity,...
Persistent link: https://www.econbiz.de/10012518777
Sharing economic benefits equitably across all segments of society includes addressing the specific challenges of different generations. At present, youth and elderly are particularly vulnerable to poverty relative to adults in their middle years. Broad-based policies should aim to foster youth...
Persistent link: https://www.econbiz.de/10012518902