"Before industrialization, traditional communities - families, local neighborhoods, and religious groups - were meant to safeguard their members from risks like poverty. As the transition into industrialization produced new risks or generalized previously limited risks, this fallback system...

"In this paper we study the effect of small labor market entry cohorts on (un)employment in Western Germany. From a theoretical point of view, decreasing cohort sizes may on the one hand reduce unemployment due to 'inverse cohort crowding' or on the other hand increase unemployment if companies...

"Before industrialization, traditional communities - families, local neighborhoods, and religious groups - were meant to safeguard their members from risks like poverty. As the transition into industrialization produced new risks or generalized previously limited risks, this fallback system...

Labour market outcomes of immigrants and natives are affected differently by macroeconomic conditions. In particular, we show that earnings of immigrants in Norway from outside the OECD area are more sensitive to local labour market conditions than are earnings of natives. Failure to account for...

We provide evidence on wage profiles of immigrants using CPS data from 1979 to 2001, taking into account that changes in labor market conditions impact natives and immigrants differently. High rates of immigrant wage assimilation in general, and relatively high wages of immigrant cohorts that...