How immigration benefits natives despite labour market imperfections and income redistribution

Michele Battisti, Gabriel Felbermayr, Giovanni Peri, Panu Poutvaara, 8 August 2014

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A fierce policy debate with little insight from economists

Fears that immigration takes jobs away from natives and imposes significant costs on taxpayers continue to shape electoral campaigns and policy discourses in several countries. In a recent referendum, the Swiss population rejected the free movement of workers from the EU.

Topics: Labour markets, Migration
Tags: immigration, Labour Markets, redistribution, Skill Complementarities, unemployment, wages, welfare

Employee satisfaction and firm value: A global perspective

Alex Edmans, 25 July 2014

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Is employee satisfaction good or bad for firm value? While it may seem natural that companies should do better if their workers are happier, this relationship is far from obvious. The 20th-century way of managing workers (e.g.

Topics: Labour markets, Microeconomic regulation, Productivity and Innovation
Tags: employee satisfaction, employment, employment protection, happiness, Labour Markets, labour-market flexibility, labour-market regulation, Management, productivity, profits, Stock returns, work, worker satisfaction

Untangling trade and technology: Evidence from US labour markets

David Autor interviewed by Viv Davies, 2 May 2014

David Autor talks to Viv Davies about his recent research that analyses the differential effects of trade and technology on employment patterns in US local labour markets between 1990 and 2007. While the effect of trade competition is growing over time, the effect of technology has shifted from automation of production activities in the manufacturing sector towards computerisation of information-processing tasks in the service sector. The interview was recorded in April 2014 at the annual conference of the Royal Economic Society.

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See Also

David H. Autor, David Dorn, Gordon H. Hanson, Untangling Trade and Technology: Evidence from Local Labor Markets, MIT Working Paper, March 2013

 

 

 

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Topics: Productivity and Innovation
Tags: Labour Markets, productivity, relative wages, trade flows

Minimum wages: the effects on employment and labour-force turnover

Pierre Brochu, David A Green, 22 January 2014

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On 14 January 2014 a group of 75 economists, including seven Nobel laureates, released a letter calling for an increase in the US minimum wage (Woellert 2014). At the same time, George Osborne, the Conservative Chancellor of the Exchequer in the UK, has called for the minimum wage in that country to rise by more than the rate of inflation this year (BBC 2014).

Topics: Labour markets
Tags: employment, Labour Markets, minimum wage

Hollowing out and the future of the labour market – the myth

Bob Butcher, 17 December 2013

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The 'hollowing out' thesis argues that intermediate-level jobs have been disappearing, and are replaced by a rise in low-level and in high-level jobs, and that this is primarily due to technology replacing routine jobs. That position, however, does not match what is seen in reality.

Topics: Labour markets
Tags: hollowing out, Labour Markets, medium-level jobs

Does offshoring hurt domestic innovation activities?

Bernhard Dachs, Bernd Ebersberger, Steffen Kinkel, Oliver Som, 7 September 2013

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Offshoring of production activities has been a topic of economic policy debates for at least the last decade. A central issue in these debates are the economic effects of offshoring on firms in the home country.

Topics: Productivity and Innovation
Tags: Labour Markets, offshoring, R&D

Small isn’t always beautiful: The cost of French regulation

Luis Garicano, John Van Reenen, 30 May 2013

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Slow growth in Europe has led to a debate over whether structural reforms can be used to raise productivity (see Costello et al. 2009, Crafts 2012). Many countries have tough labour regulations which may be a barrier to growth.

Topics: Europe's nations and regions, Labour markets
Tags: Eurozone crisis, France, Labour Markets

Preparing to export

Danielken Molina, Marc Muendler, 27 May 2013

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Exporting is an essential feature of strategies for economic development for very good reasons. A large body of empirical evidence shows that exporters are larger, more productive, pay higher wages and hire more skilled workers (Bernard and Jensen 1995). But do firms move from local sales to export sales? What choices do firms make in preparation for exporting?

Topics: Development
Tags: exports, firms, Labour Markets

Why the jobs problem is not going away

Richard Dobbs, Anu Madgavkar, 19 September 2012

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Three years after the official end of the 'Great Recession', millions of workers across advanced economies remain unemployed. The US and UK unemployment rates remain above 8%; among Eurozone countries, unemployment exceeds 10% (US Bureau of Labor Statistics).

Topics: Global economy, Labour markets
Tags: global economy, Labour Markets, UK, US

Exploiting the enemy: The economic contribution of prisoner of war labour to Nazi Germany during WWII

Johann Custodis, 18 September 2012

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The subject of foreign and forced labour exploitation by the Third Reich is not one of meagre proportions. More than 14 million forced labourers passed through the Reich from 1939 to 1945, of whom 4.6 million had been prisoners of war (POWs).

Topics: Economic history, Frontiers of economic research, Labour markets
Tags: Labour Markets, Nazi Germany, prisoners of war, WWII

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