Based on the current European discussion about immigration policy, this paper gives an overview of central economic consequences of immigration for a host country?s labor market. The most important theoretical arguments are presented and evaluated against the available empirical evidence. The...

Central banks need to be concerned about wages since they are a major driver of inflation. Rising wages are needed to signal directions for market adjustments to ensure growth. Wage growth is driven by relative scarcity, labor productivity and expectations about inflation and future growth....

Based on the current European discussion about immigration policy, this paper gives an overview of central economic consequences of immigration for a host country's labor market. The most important theoretical arguments are presented and evaluated against the available empirical evidence. The...

This paper uses the immigration sample of the German Socioeconomic Panel to analyze the earnings and unemployment assimilation of ethnic Germans who entered West Germany within the last 10 years. The empirical analysis suggests that there is no earnings differential between immigrants from...

The paper investigates the relative importance of job mobility for wages in comparison with the human capital framework and the industry approach. Using German panel data, changes of workplaces within the firm as well as between the firms are carefully separated from occupational changes....

The numbers of migrants from the accessions countries have clearly increased since the enlargement of the EU in 2004. Following enlargement, the net inflow of EU8 immigrants has become 2.5 times larger than the four-year period before enlargement. Poles constitute the largest immigrant group...

"German and European immigration policies have only recently begun to cope with the inevitable: growing labor demand in the face of high unemployment and a shrinking labor force due to demographic change. Despite the implementation of Germany's first immigration act and several European...

The paper investigates the relative importance of job mobility for wages in comparison with human capital framework and the industry approach. Using German panel data, changes of workplaces within the firm as well as between the firms are carefully separated from occupational changes. Results...