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Unemployment and under-employment represented $25.8 billion in annual wages not earned in Los Angeles County, $28.2 billion in lost private sector economic activity and $4 billion in tax revenue not generated. In 2012, over a fifth of Los Angeles County's labor force was unemployed or...
Persistent link: https://www.econbiz.de/10012993406
Great Depression is an example of a macroeconomic crisis that produced adverse economic and social effects in all spheres of life. Theoretical arguments about the real effects of the Great Depression on education vary. First is economic hardships, which might force individuals eligible to go to...
Persistent link: https://www.econbiz.de/10013121641
This paper assesses how new immigrants to Spain fare in the country's labor market, evaluating the conditions under … Labor Force Survey data from 2000 through 2011, we find that immigrants who arrived before the 2008 recession had little … skyrocketed. Immigrants' individual characteristics had a limited effect on their employment trajectories. Although many …
Persistent link: https://www.econbiz.de/10010459102
Immigrants' employment status has worsened during the Great Recession in Spain. How much of this worsening is due to … compare the employment trajectories of different cohorts of immigrants and natives and find that those who arrived before the … work as Spanish unemployment rates skyrocketed. In addition, although many immigrants who arrived in Spain between 2000 and …
Persistent link: https://www.econbiz.de/10011446467
quantitative impact of immigrants on employer profit, and which employers are most likely to gain (suffer) increased (reduced … employers and shareholders, particularly in those industries with high needs for skilled immigrants. The American …. -- skilled immigrants ; immigration policy ; employers ; shareholders ; event study ; H-1B visa …
Persistent link: https://www.econbiz.de/10009308050
Using the 2006 and 2010 Health and Retirement Study, we explore how the recent recession impacted the wealth holding and retirement plans of older households in the United States. Of particular interest to us is whether the impact on household asset ownership, asset wealth and household...
Persistent link: https://www.econbiz.de/10011288760
Are there long-term labor consequences in migrating to the US during a recession? For most immigrants, credibly … estimating this effect is difficult because of selective migration. Some immigrants may not move if economic conditions are not …
Persistent link: https://www.econbiz.de/10012415890
By considering entrepreneurs who hire employees – employers – and entrepreneurs without personnel – own-account workers – as related but distinct groups within entrepreneurship, this work analyzes the roles of different factors in entrepreneurship survival in Europe from a new...
Persistent link: https://www.econbiz.de/10011051484
Our simple model features agents heterogeneous in skill and risk aversion, incomplete financial markets, and redistributive taxation. In equilibrium, agents become entrepreneurs if their skill is sufficiently high or risk aversion sufficiently low. Under heavier taxation, entrepreneurs are more...
Persistent link: https://www.econbiz.de/10012970829