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flatter. We argue that this favorable evolution is largely due to the huge rise in the immigration rate, from 1% of the … population in 1994 to 9.3% in 2006. We derive a New Keynesian Phillips curve accounting for the effects of immigration, a …
Persistent link: https://www.econbiz.de/10003484947
Does immigration accelerate sectoral change towards high-productivity sectors? This paper uses the mass displacement of … sectors, predicts that immigration boosts output per worker by expanding the high-productivity sector, but decreases output … support for these predictions. -- Immigration ; sectoral change ; output growth ; post-war Germany …
Persistent link: https://www.econbiz.de/10009552293
affect the nature of the immigration inflow can effectively reduce native income losses and dampen adjustment dynamics in … regional labor markets. One such intervention is to distribute the inflow more evenly over time. Smaller immigration inflows …
Persistent link: https://www.econbiz.de/10011434236
Persistent link: https://www.econbiz.de/10010412710
This paper is concerned with the study of the labor market performance of immigrants. The unemployment rate is used as an indicator and natives as the reference group for the analysis. The analysis proceeds in two steps. In a first step, probit regressions on the unemployment probabilities are...
Persistent link: https://www.econbiz.de/10011475909
Persistent link: https://www.econbiz.de/10001806494
Persistent link: https://www.econbiz.de/10003732789
The labour productivity impact of innovation is investigated in this paper combining neo-Schumpeterian insights on the variety of innovation, with the importance of industrial structures and firm size; two models are proposed for explaining productivity and export success in European...
Persistent link: https://www.econbiz.de/10003347531
The paper investigates the differences between small, medium-sized and large firms regarding their performance in the introduction of new products and processes. After a review of the relevant literature, two models are proposed and tested in search for different business strategies and...
Persistent link: https://www.econbiz.de/10003347554
We use the Factor-Augmented Vector Autoregression (FAVAR) approach of Bernanke, Boivin and Eliasz (2005) to estimate the effects of monetary policy shocks on wages and employment in the euro area. The use of a large data set comprising country, sectoral and euro area-wide data allows us to...
Persistent link: https://www.econbiz.de/10003486502