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This paper uses a gravity model of migration to analyze how income differentials affect the flow of immigrants into U.S. states using annual data from the American Community Survey. We add to existing literature by decomposing income differentials into short- and long-term components and by...
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with results from the research on the German employment performance in the Great Recession which attributed part of the … employment success to the widespread use of instruments of internal flexibility. Our results confirm that generally, the … den USA. Frühere Untersuchungen haben gezeigt, dass die extensive Margin dominiert und, dass, zweitens, in beiden Ländern …
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We estimate Okun's law, the negative relationship between output and the unemployment rate, at the sector level for the US, the UK, Japan, and Switzerland to test several hypotheses that may explain why the aggregate Okun's coeffcients are different across countries. Specifically, we show that...
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aggregate risk sharing are more pronounced in states in which small firms account for a large share income or employment. In …
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