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This paper compares education investment in closed and open economies without government and with a benevolent government. The fact that the time consistency problem in taxation can make labor mobility beneficial even if governments are fully benevolent - which is known from other contexts - is...
Persistent link: https://www.econbiz.de/10005762254
globalization on the labor market outcomes of these workers. We find that higher foreign competition leads to more incentive …
Persistent link: https://www.econbiz.de/10005763446
globalization (1985-2005), there has been some convergence of business cycle fluctuations among the group of industrial economies …
Persistent link: https://www.econbiz.de/10005566406
We consider a three-stage game to examine how market integration affects firms’ incentives to provide general worker training. In stage 1, firms invest in productivity-enhancing training. In stage 2, they can make wage offers for each others’ workers. Finally, Cournot competition takes...
Persistent link: https://www.econbiz.de/10005566526
The design of optimal immigration policy, particularly in the face of the spiralling demand for highly skilled workers, such as IT workers and engineers, is a topical issue in the policy debate as well as the economic literature. In this paper, we present empirical evidence from firm level data...
Persistent link: https://www.econbiz.de/10005566565
World War I to the quotas and bans introduced afterwards was the result of a combination of factors: public hostility …
Persistent link: https://www.econbiz.de/10005566609
This paper considers education investment and public education subsidies in closed and open economies with an extortionary government. The extortionary government in a closed economy has incentives to subsidize education in order to overcome a hold-up problem of time consistent taxation, similar...
Persistent link: https://www.econbiz.de/10005566624
centuries. It begins with a review of the history of primarily trans- Atlantic migration to the New World during the period of … Oceania and from parts of Asia (primarily India, China and Japan) to other parts of Asia, Africa and the New World. World wars …, immigration restrictions and the Great Depression resulted in a period of low international migration (1913 to 1945). In the post-World …
Persistent link: https://www.econbiz.de/10005566665
The paper contributes to the globalization debate by scrutinizing the international spillover effects which are …
Persistent link: https://www.econbiz.de/10005566676
the context of globalization – a term typically used to describe the phenomenon of growing international trade and …
Persistent link: https://www.econbiz.de/10005233764