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Fiscal Multipliers and the Labour Market in the Open Economy
Faia, Ester - 2010
Several contributions have recently assessed the size of fiscal multipliers both in RBC models and New Keynesian models. None of the studies considers a model with frictional labour markets which is a crucial element, particularly at times in which much of the fiscal stimulus has been directed...
Persistent link: https://www.econbiz.de/10013146168
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The Impact of Local Decentralization on Economic Growth : Evidence from U.S. Counties
Hammond, George W. - 2009
We analyze the impact of fiscal decentralization on U.S. county population, employment, and real income growth. Our findings suggest that government organization matters for local economic growth, but that the impacts vary by government unit and by economic indicator. We find that single-purpose...
Persistent link: https://www.econbiz.de/10013153508
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The Geography of Trade and Technology Shocks in the United States
Autor, David H. - 2015
This paper explores the geographic overlap of trade and technology shocks across local labor markets in the United States. Regional exposure to technological change, as measured by specialization in routine task-intensive production and clerical occupations, is largely uncorrelated with regional...
Persistent link: https://www.econbiz.de/10013035727
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Modelling the Effects of Immigration on Regional Economic Performance and the Wage Distribution : A Cge Analysis of Three EU Regions
Pouliakas, Konstantinos - 2009
The paper uses a regional Computable General Equilibrium (CGE) model to analyse the effects of immigration on three small remote EU regions located within Scotland, Greece and Latvia. Two migration scenarios are assessed. In the first, total labour supply is affected. In the second, the...
Persistent link: https://www.econbiz.de/10013153012
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Endogenous Local Labour Markets, Regional Aggregation and Agglomeration Economies
Meekes, Jordy - 2019
This paper examines the role of regional aggregation in measuring agglomeration externalities. Using Dutch administrative data, we define local labour markets (LLMs) based on the worker's commuting outcomes, gender and educational attainment, and show that high-educated workers and male workers...
Persistent link: https://www.econbiz.de/10012859286
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The Social Multiplier and Labour Market Participation of Mothers
Maurin, Eric; Moschion, Julie - 2021
A mother's decision to participate in the labour market is correlated with those of the other mothers living in the same neighbourhood. This paper studies the extent to which this is causal. An identification problem exists because mothers with similar characteristics are often observed living...
Persistent link: https://www.econbiz.de/10013317281
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Regional Consumption Responses and the Aggregate Fiscal Multiplier
Dupor, Bill; Karabarbounis, Marios; Kudlyak, Marianna; … - 2022
responses to an aggregate fiscal multiplier using a multi-region, New Keynesian model with heterogeneous agents, incomplete … markets, and trade linkages. Our model is consistent with the estimated positive local multiplier, a result that distinguishes … multiplier is twice as large as the local multiplier because trade linkages propagate the effect of government spending across …
Persistent link: https://www.econbiz.de/10014083720
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Lower and Upper Bounds of Unfair Inequality : Theory and Evidence for Germany and the US
Niehues, Judith - 2011
Previous estimates of unfair inequality of opportunity (IOp) are only lower bounds because of the unobservability of the full set of endowed circumstances beyond the sphere of individual responsibility. In this paper, we suggest a new estimator based on a fixed effects panel model which...
Persistent link: https://www.econbiz.de/10013122677
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The US Labor Market in 2030 : A Scenario Based on Current Trends in Supply and Demand
Edwards, Rebecca - 2013
Three fundamental forces have shaped labor markets over the last 50 years: the secular increase in the returns to education, educational upgrading, and the integration of large numbers of women into the workforce. We modify the Katz and Murphy (1992) framework to predict the structure of the...
Persistent link: https://www.econbiz.de/10013071294
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Why is Pollution from U.S. Manufacturing Declining? The Roles of Trade, Regulation, Productivity, and Preferences
Shapiro, Joseph S. - 2015
Between 1990 and 2008, emissions of the most common air pollutants from U.S. manufacturing fell by 60 percent, even as real U.S. manufacturing output grew substantially. This paper develops a quantitative model to explain how changes in trade, environmental regulation, productivity, and consumer...
Persistent link: https://www.econbiz.de/10013029138