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immigration, low-skilled unemployment and medium-skilled over-qualification, ii) the polarization effect where both low- and high … migration-induced supply shock of medium-skilled workers decreases the low-skilled unemployment rate because of the endogenous … ; Wage and Price Setting ; Specific Factors Model ; Unemployment ; Over-qualification ; Wage Polarization …
Persistent link: https://www.econbiz.de/10010219984
immigration, low-skilled unemployment, and mediumskill downgrading, ii) the increase in low skill intensive service jobs. The … workers decreases the low-skilled unemployment rate under endogenous benefits; (ii) migration of only medium skilled labor has …
Persistent link: https://www.econbiz.de/10010126919
regarding medium skills, such as: i) the interaction between immigration, low-skilled unemployment and medium-skilled over … lowers the low-skilled unemployment rate and has a positive effect on output per capita; (iii) migration of only medium …
Persistent link: https://www.econbiz.de/10013103830
temporarily reduce unemployment and increase wages in periphery countries at the cost of somewhat higher unemployment in receiving …
Persistent link: https://www.econbiz.de/10013164979
This paper provides a novel explanation of “educated unemployment,” which is a salient feature of the labor markets in … a number of developing countries. In a simple job-search framework we show that “educated unemployment” is caused by the … developing country may end up with more educated workers despite the brain drain and educated unemployment. -- International …
Persistent link: https://www.econbiz.de/10003737403
unemployment, and interregional labour migration. The RHOMOLO model is parameterised by estimating the key structural parameters … assess the impact on regional labour markets. Our results confirm that wages and unemployment are by far the most important …
Persistent link: https://www.econbiz.de/10011581448
Based on the current European discussion about immigration policy, this paper gives an overview of central economic consequences of immigration for a host country's labor market. The most important theoretical arguments are presented and evaluated against the available empirical evidence. The...
Persistent link: https://www.econbiz.de/10011294532
In recent years, Germany and other European countries face the strongest immigration flow in their history. Experts unanimously agree that one of the core factors of a successful social integration is the labor market participation of the new arrivals. This paper investigates the impact of...
Persistent link: https://www.econbiz.de/10011710323
It will be shown in this paper that unemployment rate due to technology use in production has an optimum (maximum) at a … critical point of technology use. For any technology use lower than this critical level the unemployment rate increases as …
Persistent link: https://www.econbiz.de/10014203184
The paper suggests a channel through which past expectations affect current wage aspirations, leading to real wage rigidity. Expectations have a long-run impact on the composition of consumption because they determine the purchase of durables. Due to adjustment costs, moderate changes in income...
Persistent link: https://www.econbiz.de/10014116797