How can the responsibility for refugees be distributed more fairly – globally and within the EU? And how can we curb irregular migration while expanding legal immigration to the benefit of all concerned? The large number of refugees and other migrants who have come to Europe over the last two...

The EU faces major challenges in asylum and migration policy: reorganize the EU asylum system, secure the external border, curb irregular immigration through cooperation with African governments, and support developing countries that host large numbers of refugees from Syria and elsewhere. These...

We take stock of the Schengen Agreement that celebrated its 30th birthday on June 14th, 2015. We argue that the abolition of internal border controls in most European Union member states is rightly considered a blessing to EU citizens. Internally, the Agreement facilitates social and economic...

We estimate a gravity model for bilateral FDI out-stocks from panel data for OECD reporting countries with bilateral and year fixed effects. With this demanding test, we find a robust positive effect of bilateral immigrants on bilateral FDI - provided that residents of the two countries have few...

We investigate the interplay of language skills and immigrant stocks in determining bilateral FDI out-stocks of OECD reporting countries. Applying a Poisson panel estimator to 2004-2011 data, we find a robust positive effect of bilateral immigrants on bilateral FDI - provided that residents of...

We investigate the interplay of language skills and immigrant stocks in determining bilateral FDI out-stocks of OECD reporting countries. Applying a Poisson panel estimator to 2004-2011 data, we find a robust positive effect of bilateral immigrants on bilateral FDI – provided that residents of...

Die Arbeitsmarktintegration von Flüchtlingen braucht Zeit. Die Beschäftigungsquoten von Flüchtlingen liegen zunächst deutlich unter denen anderer Zuwanderer, steigen dann aber in den ersten zehn bis fünfzehn Jahren nach Zuzug kontinuierlich an. Dennoch bleibt der Arbeitsmarkterfolg von...

Evidence on the effectiveness of FX interventions in the prevailing higher frequency approaches leaves a gap at horizons going beyond a few days. This is addressed by identifying a structural vector autoregressive model for the daily frequency with an external instrument. Using Japanese data, we...

Immigration has been considered critical for the emergence of a new cleavage in the European Union that pits the winners of globalisation against the losers. Ample research has demonstrated the social structure and the organisational base of this new cleavage. So far, however, there is no study...