Similar Search Results

On Optimal Currency Areas and Common Cycles : Are the Acceding Countries Ready to Join the Euro?

Grimm, Louisa; Steinkamp, Sven; Westermann, Frank - 2021

The former EU president Jean-Claude Junker has proposed that all countries of the European Union should also adopt the euro as their currency and recent research has shown that countries currently pursuing this goal indeed fulfill the classical Optimal Currency Area (OCA) criterion of positively...

Persistent link: https://www.econbiz.de/10013232406

The Cushioning Effect of Immigrant Mobility

Özgüzel, Cem - 2021

During the Great Recession, immigrants reacted to the drop in labour demand in Spain through internal migration or leaving the country. Consequently, provinces lost 13.5% of their immigrants or - 3% of the total labour supply, on average. Using municipal registers and longitudinal administrative...

Persistent link: https://www.econbiz.de/10013214338

Labor Market Competition and the Assimilation of Immigrants

Albert, Christoph; Glitz, Albrecht; Llull, Joan - 2021

In this paper, we show that the wage assimilation of immigrants is the result of the intricate interplay between individual skill accumulation and dynamic equilibrium effects in the labor market. When immigrants and natives are imperfect substitutes, increasing immigrant inflows widen the wage...

Persistent link: https://www.econbiz.de/10013216254

Can Leaders Persuade? Examining Movement in Immigration Beliefs

Afrouzi, Hassan; Arteaga, Carolina; Weisburst, Emily - 2022

Can political leaders change constituents’ beliefs? If so, is it rhetoric, identity, or the interaction of the two that matters? We construct a large-scale experiment where participants are exposed to anti-immigrant and pro-immigrant speeches from both Presidents Obama and Trump. We benchmark...

Persistent link: https://www.econbiz.de/10013299242

Inequality and Immigration

Dustmann, Christian; Kastis, Yannis; Preston, Ian - 2023

This paper investigates the relationship between immigration and inequality in the UK over the past forty years. This … the impact immigration had on wage inequality in the UK through two channels: the first is the effect on the earnings … examine the impact of immigration on the fiscal budget, and the potentially unequal impact of the ensuing tax implications on …

Persistent link: https://www.econbiz.de/10014347988

Immigrant Narratives

Gehring, Kai; Harm Adema, Joop Age; Poutvaara, Panu - 2022

Immigration is one of the most divisive political issues in many countries today. Competing narratives, circulated via …

Persistent link: https://www.econbiz.de/10014243093

Risk Sharing in Currency Unions : The Migration Channel

Kohler, Wilhelm; Müller, Gernot J.; Wellmann, Susanne - 2021

Country-specific business cycle fluctuations are potentially very costly for member states of currency unions because they lack monetary autonomy. The actual costs depend on the extent to which consumption is shielded from these fluctuations and thus on the extent of risk sharing across member...

Persistent link: https://www.econbiz.de/10013235109

The Brexit Conundrum Worsens the UK's Relationship with the European Union

Ryan, John T - 2019

This paper examines the shortcomings in the UK government's Brexit negotiation strategy which reflected Prime Minister Theresa May's weak political leadership. The Prime Minister focused on securing the short-term political survival of her government amidst turbulent and fractious domestic...

Persistent link: https://www.econbiz.de/10012861473

The Trade and FDI Effects of EMU Enlargement

Brouwer, Jelle Hindriks; Paap, Richard; Viaene, Jean-Marie - 2021

This paper considers the nature and the distribution of trade and FDI effects of a potential enlargement of the European Monetary Union (EMU) to the ten countries that obtained EU membership in 2004. One-way and two-way error component gravity models are estimated using a dataset of unbalanced...

Persistent link: https://www.econbiz.de/10013316812

Expecting Brexit

Dhingra, Swati; Sampson, Thomas - 2022

The Brexit vote precipitated the unravelling of the UK’s membership of the world’s deepest economic integration agreement. This paper reviews evidence on the realized economic effects of Brexit. The 2016 Brexit referendum changed expectations about future UK-EU relations. Studying its...

Persistent link: https://www.econbiz.de/10013306955