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The effect of foreign labor on native employment within an occupation depends on native labor supply to that occupation – which is rarely directly measured – even if native and foreign labor are perfect substitutes in production. This paper uses two natural quasi-experiments to directly...
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calibrated. The model is used to look at possible explanations for the recent sharp decline in the UK working-age unemployment … different shocks considered, the most plausible combination consists of a significant reduction in unemployment benefits …
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