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Persistent link: https://www.econbiz.de/10010611774
income tax system, or labor market institutions; it also lends some support to the welfare magnet hypothesis: a higher … differences in the effects of institutions on location decisions by skill level, limiting the scope for policy makers to affect …
Persistent link: https://www.econbiz.de/10011337651
economy. Yet, when compared to countries such as the USA or Canada, Europe receives a lower share of migrants with tertiary …
Persistent link: https://www.econbiz.de/10010191913
In this paper we investigate the impact of local quality of government on the attractiveness of European regions to migrants. The analysis is based on panel data estimations of 254 regions for the period between 1995 and 2009. Different instrumental variable techniques have been employed in...
Persistent link: https://www.econbiz.de/10011084341
Stability tests for cointegrating coefficients are known to have very low power with small to medium sample sizes. In this paper we propose to solve this problem by extending the tests to dependent cointegrated panels through the stationary bootstrap. Simulation evidence shows that the proposed...
Persistent link: https://www.econbiz.de/10013132162
Stability tests for cointegrating coefficients are known to have very low power with small to medium sample sizes. In this paper we propose to solve this problem by extending the tests to dependent cointegrated panels through the stationary bootstrap. Simulation evidence shows that the proposed...
Persistent link: https://www.econbiz.de/10013132413
This paper examines Wagner hypothesis of the growth of public expenditure alongside the growth of economic activity for a panel of 28 European economies during the 1995-2018 period. The hypothesis is verified using Pesaran (2007) panel unit root and Westerlund (2007) cointegration tests that...
Persistent link: https://www.econbiz.de/10014310932
Economic debate about the consequences of immigration in Germany has largely focused on the wage effects for natives at an aggregate level. Especially the role of imperfect substitutability of migrants and natives gained importance. A new topic is to focus on the firm level by estimating...
Persistent link: https://www.econbiz.de/10011340878
Against the background of bad labor market conditions with high unemployment, poor job prospects, and low wages, East Germany used to experience long-standing high net migration outflows. During the last years, however, the situation on the East German labor market changed fundamentally, and...
Persistent link: https://www.econbiz.de/10011400551
There is an increasing awareness of the potential of nonlinear modeling in regional science, which can partly be explained by the recognition of the limitations of conventional equilibrium models in complex situationsand partly by the easy availability and accessibility of sophisticated...
Persistent link: https://www.econbiz.de/10010324411