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the effects of an immigration shock on labor demand by testing a general equilibrium model in which imperfectly …-augmenting effect of an immigration shock is a significant secondary adjustment process that must be considered when assessing the …It is now well known that exogenous immigration shocks tend to have benign effects on native employment outcomes …
Persistent link: https://www.econbiz.de/10003591488
This paper investigates how recent immigration inflows from 2002 to 2008 have affected wages in Switzerland. This … immigration inflows, we follow the "structural skill-cell approach" as for example employed by Borjas (2003) and Ottaviano and … on domestic wages using the actual immigration inflows from 2002 to 2008. For the long run, the simulations produce some …
Persistent link: https://www.econbiz.de/10008760470
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We argue that using wage data alone, it is virtually impossible to identify whether Assortative Matching between worker and firm types is positive or negative. In standard competitive matching models the wages are determined by the marginal contribution of a worker, and the marginal contribution...
Persistent link: https://www.econbiz.de/10003809678
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) quantifies the dynamic responses of the labour share to each structural shock; (iv) compares these results across the two periods …
Persistent link: https://www.econbiz.de/10012150023
Persistent link: https://www.econbiz.de/10003503835
This paper entertains the notion that disturbances on the demand side play a central role in our understanding of the Great Depression. In fact, from Euler equation residuals we are able to identify a series of unusually large negative demand shocks that appeared to have hit the U. S. economy...
Persistent link: https://www.econbiz.de/10009614288
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