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Unfavourable demographic trends in many OECD countries threaten the sustainability of potential labour resources, GDP growth and fiscal positions. One factor that is expected to mitigate these trends is continued inflows of migrant workers from low income economies. However, a rapid catch-up in...
Persistent link: https://www.econbiz.de/10010465008
The determinants of foreign direct investment (FDI) are explored with gravity models, using a Poisson estimator and a linear estimator, both with fixed effects. The heterogeneity of product market regulations has a large and robust impact on cross-border investment: a reduction of regulatory...
Persistent link: https://www.econbiz.de/10011399706
This paper identifies the labour market impact of the Great Recession on immigrants compared to natives and how this relationship has evolved since the downturn. We find that the employment penalty suffered by immigrant workers, relative to native workers, increased significantly over the Irish...
Persistent link: https://www.econbiz.de/10011577698
responsive to changes in cyclical conditions. Immigration provides the skills that the Irish economy needs. The crisis triggered … a sharp reversal in migration flows, with immigration suddenly halting and emigration increasing. A large proportion of … emigration is highly qualified, as is a high proportion of immigration. This pattern of “brain exchange” can contribute to …
Persistent link: https://www.econbiz.de/10011577721
To continue catching up with living standards in other OECD countries Poland needs to invest in higher skills. Crucial elements include: i) making sure that all children have access to high-quality early childhood education; ii) strengthening the basic skills of vocational education students and...
Persistent link: https://www.econbiz.de/10011577775
New Zealand’s immigration system aims to enhance well-being by promoting economic development, reuniting families and … meeting humanitarian objectives. Immigration is high and residence admissions are focused on the high skilled to enhance … economic outcomes. Empirical evidence suggests that immigration has had small positive effects on per capita incomes and has …
Persistent link: https://www.econbiz.de/10012111106
Canada’s immigration policy aims to promote economic development by selecting immigrants with high levels of human …-class immigrants, who are selected for their skills, are by far the largest group. The immigration system has been highly successful … language skills and a decline in returns to pre-immigration labour market experience. Canada has responded by modifying its …
Persistent link: https://www.econbiz.de/10011995769
Standard income inequality figures, based on official household survey statistics covering most of the population, report a steady rise of inequality across a majority of advanced countries. The usefulness of these data sources in providing a timely and internationally comparable picture of...
Persistent link: https://www.econbiz.de/10011576944
This paper delivers a broad assessment of income inequality in Denmark. As a necessary preamble to provide a basis for discussion, we start by contrasting Danish official inequality measures with those gathered by the OECD in an international context. We show that differences between these two...
Persistent link: https://www.econbiz.de/10011578179
Widespread increases in inequality over the past three decades have raised the question of the distribution of the growth dividends. This paper finds that there is no single answer to this question. The mechanisms that link growth and income inequality are found to differ depending on the...
Persistent link: https://www.econbiz.de/10011578186