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Labor mobility is commonly taken as a property of an optimal currency area. But how does that property affect the outcome of fiscal policies? In our model, we show that perfect (costless) labour mobility is not necessarily welfare improving, since it prevents the national fiscal authorities from...
Persistent link: https://www.econbiz.de/10010471847
Labor mobility is commonly taken as a property of an optimal currency area. But how does that property affect the outcome of fiscal policies? We address this issue with a two country - two period model, where both asymmetric and symmetric productivity shocks may hit the countries. We show that...
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Labor mobility is commonly taken as a property of an optimal currency area. But how does that property affect the outcome of fiscal policies? In our model, we show that perfect (costless) labour mobility is not necessarily welfare improving, since it prevents the national fiscal authorities from...
Persistent link: https://www.econbiz.de/10013029495
of intra-EU remittances as one of the major determinants of migration has been outside the scope of recent research … remittances can provide a valuable case study of intra-EU private transfer flows. The aims of this study are twofold. On the one … Migration (NELM) to identify the underlying motivations for remittances. The most important findings are that older men with …
Persistent link: https://www.econbiz.de/10012171309
Does better access to foreign workers reduce firms' willingness to provide general skills training to unskilled workers? We analyze how the opening of the Swiss labor market to workers from the European Union affected the number of apprenticeship positions that firms provide. We exploit that the...
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