Showing 1 - 10 of 93
I show how the influences of unskilled immigration, differential fertility between immigrants and the local indigenous … population, and incentives for investment in human capital combine to predict the decline of the West. In particular, indigenous … low-skilled workers lose from unskilled immigration even if the indigenous low-skilled workers do not finance …
Persistent link: https://www.econbiz.de/10008583706
Using the New Immigrant Survey, we investigate the impact of immigrant women’s own labor supply prior to migrating and female labor supply in their source country on their labor supply and wages in the US. Women migrating from higher female labor supply countries work more in the US. Most of...
Persistent link: https://www.econbiz.de/10011257675
Presumptive taxation, in which an income proxy is used as tax base, has been and is still used today in countries with very diverse situations - developing, transition and developed countries. Usually, this form of taxation is thought of as a revenue-raising device in presence of widespread...
Persistent link: https://www.econbiz.de/10005765838
This paper analyses the impact of immigration on the welfare of the native population in an economy that consists of … level. For a given skill endowment of the native population, we show that immigration reduces the welfare of the host …, an increase in expected immigration raises the number of skilled individuals in the native population. If the government …
Persistent link: https://www.econbiz.de/10005766007
This paper identifies several distortions which create barriers to entrepreneurship. First, in addition to the innate entry cost, there are entry costs caused by regulation. Second, union wage policies raise the opportunity cost of entrepreneurship. Third, inefficiencies in the transmission of...
Persistent link: https://www.econbiz.de/10005766064
We consider an R&D-driven endogenous growth model in which innovation is risky and agents are risk averse. Growth is determined by the occupational choice of agents who can either work in production for a wage or become entrepreneurs. In this context, we examine the impact of redistributive...
Persistent link: https://www.econbiz.de/10005405717
We incorporate the concept of social identity into a stylized model of occupational choice and analyze whether an individual’s identity affects his or her decision to become an entrepreneur. We argue that an entrepreneurial identity results from an individual’s socialization. This could be...
Persistent link: https://www.econbiz.de/10004979425
This paper studies loan activity in a context where banks must follow Basel Accord-type rules and acquire financing from households. Loan activity typically decreases when entrepreneurs’ investment returns decline, and we study which type of policy could revigorate an economy in a trough. We...
Persistent link: https://www.econbiz.de/10009645629
The purpose of this paper is to assess intergenerational occupational mobility in Germany. Using data from the Socioeconomic Panel (SOEP), we find a high persistence of occupational choices across fathers and children. To separate effects related to parental advice and influence (nurture) from...
Persistent link: https://www.econbiz.de/10010701085
This paper examines the consequences of international financial integration in a two–sector heterogeneous–agent dynamic general equilibrium model of occupational choice with financial constraints and idiosyncratic risks. We discuss the macroeconomic and distributional effects of financial...
Persistent link: https://www.econbiz.de/10010703423