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Will China Eat Our Lunch or Take Us Out to Dinner? Simulating the Transition Paths of the U.S., EU, Japan, and China
Fehr, Hans - 2009
This paper develops a dynamic, life-cycle, general equilibrium model to study the interdependent demographic, fiscal, and economic transition paths of China, Japan, the U.S., and the EU. Each of these countries/regions is entering a period of rapid and significant aging requiring major fiscal...
Persistent link: https://www.econbiz.de/10012767513
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Institutional features of wage bargaining in 23 European countries, the US and Japan
Du Caju, Philip; Gautier, Erwan; Momferatou, Daphne; … - 2008
This paper presents information on wage bargaining institutions, collected using a standardised questionnaire. Our data provide information from 1995 and 2006, for four sectors of activity and the aggregate economy, considering 23 European countries, plus the US and Japan. Main findings include...
Persistent link: https://www.econbiz.de/10003825968
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The Entry into the U.S. Labor Market of Antebellum European Immigrants, 1840-60
Ferrie, Joseph P. - 2021
This study examines the occupational mobility of antebellum immigrants as they entered the U.S. White collar, skilled …, and semi-skilled immigrants left unskilled jobs more rapidly after arrival than farmers and unskilled workers. British and … German immigrants fared better than the Irish; literate immigrants in rapidly growing counties and places with many …
Persistent link: https://www.econbiz.de/10013210619
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Price, wage and employment response to shocks : evidence from the WDN survey
Bertola, Giuseppe; Dabusinskas, Aurelijus; Hoeberichts, … - 2010
This paper analyses information from survey data collected in the framework of the Eurosystem's Wage Dynamics Network (WDN) on patterns of firm-level adjustment to shocks. We document that the relative intensity and the character of price vs. cost and wage vs. employment adjustments in response...
Persistent link: https://www.econbiz.de/10003971260
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How flexible are real wages in EU countries? : a panel investigation
Heinz, Frigyes Ferdinand; Rusinova, Desislava - 2011
In this paper we estimate the degree of real wage flexibility in 19 EU countries in a wage Phillips curve panel framework. We find evidence for a reaction of wage growth to unemployment and productivity growth. However, due to unemployment persistence, over time the real wage response weakens...
Persistent link: https://www.econbiz.de/10009238022
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Free vs. Controlled Migration : Bilateral Country Study
Razin, Assaf - 2011
This paper tests the differential effects of the generosity of the welfare state under free migration and under policy …-country policy regimes in the effects of returns to skills on the skill mix of immigrants …
Persistent link: https://www.econbiz.de/10013129125
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Understanding inter-industry wage structures in the euro area
Genre, Véronique; Kohn, Karsten; Momferatou, Daphne - 2009
This paper focuses on the euro area wage structure and its potential determinants from a sectoral viewpoint. Merging information from the OECD Structural Analysis database with data from the EU Labour Force Survey, we construct a cross-country panel of 22 industries in 8 euro area countries for...
Persistent link: https://www.econbiz.de/10003832004
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Effects of labour and product market regulation on worker flows : evidence for the euro area using micro data
Anderton, Bob; Di Lupidio, Benedetta - 2019
Macroeconomic studies suggest that employment-output elasticities in the euro area increased during the recovery from the crisis, especially in those countries that implemented reforms. In this paper, we use micro (individual-level) data from the Eurostat Labour Force Survey to investigate...
Persistent link: https://www.econbiz.de/10012059053
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What are the main obstacles to hiringafter recessions in Europe?
Savšek, Simon - 2018
This paper assesses the relative importance of perceived obstacles to hiring workers on a permanent basis faced by EU firms and studies how they depend on firm's characteristics. Findings suggest that the main obstacles to hiring in Europe are high uncertainty, shortage of skilled labour, high...
Persistent link: https://www.econbiz.de/10011856489
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Immigration, Jobs and Employment Protection : Evidence from Europe
D’Amuri, Francesco - 2011
In this paper we analyze the effect of immigrants on native jobs in fourteen Western European countries. We test … whether the inflow of immigrants in the period 1996-2007 decreased employment rates and/or if it altered the occupational …: immigrants took "simple" (manual-routine) type of occupations and natives moved, in response, toward more "complex" (abstract …
Persistent link: https://www.econbiz.de/10013123669