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This paper on Selected Issues was prepared by a staff team of the International Monetary Fund as background documentation for the periodic consultation with the member country. It is based on the information available at the time it was completed on October 23, 2012. The views expressed in this...
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This paper examines the relationship between idiosyncratic risk in labour income and fluctuations in aggregate labour … BHPS sub-sample of Understanding Society for 2010-2014. We measure idiosyncratic risk in labour income by the relevant … moments of the distributions of earnings, employment and wage shocks across individuals. Our main finding is that …
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estimating employment and earnings responses to benefit cuts. Reassessment of DI entitlement under more stringent criteria … removed 14.4 percent of recipients from the program and reduced benefits by 20 percent, on average. In response, employment … income lost. Female and younger recipients, as well as those with more subjectively defined disabilities, were able to …
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market. They are also more likely to start a self-employment activity. As a consequence of this upward mobility their income … the period 1995-2001, in order to identify the effect of inflows of immigrants on their career, employment, location and … inflow of the foreign-born population that is exogenous to local demand shocks. We also control for a series of fixed effects …
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effect of the inflows of immigrants on their career, employment and wages. We use the 1991 distribution of immigrants by … nationality across European labor markets to construct an imputed inflow of the foreign-born population that is exogenous to local … upward mobility their wage income also increases with a 1-2 years lag. We find no evidence of an increase in their …
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