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) quantifies the dynamic responses of the labour share to each structural shock; (iv) compares these results across the two periods …
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We study a reform that granted European cross-border workers free access to the Swiss labor market and had a stronger effect on regions close to the border. The greater availability of cross-border workers increased foreign employment substantially. Although many cross-border workers were highly...
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, mechanically changing the average native wage in affected markets and biasing the estimated wage impact of immigration. We document … the foreign-born workforce since 1976. The raw correlations suggest that the immigrant supply shock did not change the … wage of French women, but led to a sizable decline in their employment rate. In contrast, immigration had little impact on …
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The responses of working hours and employment levels to temporary negative demand shocks like those caused by the Great Recession in 2007-2008 and the Covid-19 pandemic in 2020-2022 have shown that consideration of both is important. Workers' desired rises in working hours in times of recession...
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This paper analyzes the dynamic effects of different macroeconomic shocks on unemployment in Germany. In a first step, a cointegration analysis of productivity, prices, real wages, employment, and the unemployment rate reveals two long run relationships, interpreted as a labor demand and a wage...
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