an article by Alfonso Arpaia (Directorate General for Employment, Social Affairs and Inclusion, European Commission, Brussels) and Aron Kiss, Balazs Palvolgyi and Alessandro Turrini (Directorate General for Economic and Financial Affairs, European Commission, Brussels) published in IZA Journal of Migration Volume 5 Article 21 (2016)
Abstract
This paper assesses the role of labour mobility in the adjustment to asymmetric economic shocks in the EU.
After presenting a series of stylised facts of mobility in the EU, it assesses mobility as a channel of economic adjustment by means of a vector autoregression (VAR) analysis in the vein of Blanchard and Katz (BPEA 1:1–75, 1992).
Results indicate that, over the period 1970–2013, mobility absorbed about a quarter of an asymmetric shock within 1 year. Movements in response to shocks have almost doubled since the introduction of the euro. In contrast to previous papers on the labour market adjustment in the EU, the response of wages is integrated to the analysis.
It is found that real wages have also become more responsive to asymmetric shocks.
JEL Classification: J61, J64
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Showing posts with label geographic_mobility. Show all posts
Showing posts with label geographic_mobility. Show all posts
Friday, 27 January 2017
Friday, 5 October 2012
Employment effects of extended geographic scope in job search
an article by Anders Boman (Department of Economics, University of Gothenburg, Sweden) published in Labour Economics Volume 19 Issue 5 (October 2012)
Abstract
This paper uses a unique possibility to link unemployed individuals’ stated willingness to move for work with administrative data, giving us the possibility to analyse the effects of individual willingness-to-move on labour market outcome.
Those with extended geographic job search area have a higher probability of finding a job.
However, the greatest effect is found on the local labour market, indicating that it is not the extended geographic scope per se that increases the likelihood of escaping unemployment, but differences in unobservable characteristics between those who use an extended search area and those who do not.
Highlights
► Willingness to move is extracted from unemployment agency records.
► Employment effects of extended job search area are analysed.
► Employment effects are positive, but mainly in the local labour market.
► Selection into migration rather than migration yields positive employment effects.
Abstract
This paper uses a unique possibility to link unemployed individuals’ stated willingness to move for work with administrative data, giving us the possibility to analyse the effects of individual willingness-to-move on labour market outcome.
Those with extended geographic job search area have a higher probability of finding a job.
However, the greatest effect is found on the local labour market, indicating that it is not the extended geographic scope per se that increases the likelihood of escaping unemployment, but differences in unobservable characteristics between those who use an extended search area and those who do not.
Highlights
► Willingness to move is extracted from unemployment agency records.
► Employment effects of extended job search area are analysed.
► Employment effects are positive, but mainly in the local labour market.
► Selection into migration rather than migration yields positive employment effects.
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