Gaetano Basso, Francesco D’Amuri, Giovanni Peri, (2019), “Labour mobility and adjustment to shocks in the euro area: The role of immigrants”, 13 Φεβρουαρίου, VoxEU
The response of labour supply to negative shocks is different across regions due to varying levels of labour mobility. This column shows that the elasticity of labour supply in response to economic shocks is lower in the euro area than in the US, suggesting that a lack of labour mobility may be an obstacle to labour market adjustments in the euro area. Policies aimed at reducing the complexities of migrating for jobs could help ease this mobility gap.
Σχετικές Αναρτήσεις
- Branko Milanovic, (2018), «Migration Into Europe: A Long-Term Solution?», Social Europe, 19 Νοεμβρίου
- Giang Ho and Rima Turk-Ariss, (2018), «The Labor Market Integration of Migrants in Europe: New Evidence from Micro Data», IMF Working Paper, No. 18/232, 1 Νοεμβρίου