consistent with standard growth theory. Investment increases, while real wages fall in the short run. Overall, immigration has … Population Survey (CPS). The dynamic responses to immigration shocks are estimated in a vector autoregression. Immigration shocks …, as well as technology shocks are identified through long-run restrictions. The responses to immigration shocks are …

It is widely believed that the current recession has soured public attitudes towards immigration. But most existing … studies are cross sectional and can shed little light on the economy-wide forces that shift public opinion on immigration. In … immigration opinion for 20 countries. The recession that began in 2008 provides a useful test because its severity varied so …

, Japan and Germany between 2.5 and 5 per cent of the workforce participated in short-time work schemes at the trough of the … Germany is more encouraging as to the effectiveness of STW, pointing to rather moderate deadweight losses. We interpret this …

by the Covid-19 pandemic than Germany, so that exports are only gradually picking up again. Moreover, companies will …