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while considered as extremely large in the public debate in Europe. The main argument is based on a fundamental property of …. Two sets of implications are then derived: on one hand, mobility costs are high in Europe and transitions between steady …-states has especially strong adverse effects. Jobs endogenously last longer in Europe than in the US, but when they are destroyed …
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Die zentrale Frage dieser Studie lautet, inwiefern die Wanderung hochqualifizierter Arbeitskräfte in Europa negative … (Brain Drain), kann es bei gleichzeitiger Zuwanderung komplementärer Arten von Humankapital (Brain Exchange) zu einem …
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In this paper, we analyse the implications of labour market integration in a two-region model with local human capital externalities and congestion effects. We show that integration can be a double-edged sword. Integration and the ensuing agglomeration of skilled labour can reduce "real" income...
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In this paper, we show that the wage assimilation of immigrants is the result of the intricate interplay between individual skill accumulation and dynamic equilibrium effects in the labor market. When immigrants and natives are imperfect substitutes, increasing immigrant inflows widen the wage...
Persistent link: https://www.econbiz.de/10012602108
In this paper, we show that the wage assimilation of immigrants is the result of the intricate interplay between individual skill accumulation and dynamic equilibrium effects in the labor market. When immigrants and natives are imperfect substitutes, increasing immigrant inflows widen the wage...
Persistent link: https://www.econbiz.de/10012603991