Details
| Original language | English |
|---|---|
| Pages (from-to) | 127-140 |
| Number of pages | 14 |
| Journal | German economic review |
| Volume | 2 |
| Issue number | 2 |
| Publication status | Published - 1 May 2001 |
| Externally published | Yes |
Abstract
We evaluate whether labour mobility is likely to act as a sufficient adjustment mechanism in the face of asymmetric shocks in Euroland. As no adequate data on cross-border migration are available, migration elasticities within nation states (Western Germany, France and Italy) are estimated and interpreted as upper bounds for cross-border migration elasticities between European nation states. Labour mobility is highest in Germany, followed by France and Italy. However, the accommodation of a shock to unemployment by migration takes several years. We conclude that labour mobility is unlikely to act as a sufficient adjustment mechanism to asymmetric shocks in Euroland.
ASJC Scopus subject areas
- Economics, Econometrics and Finance(all)
- Economics and Econometrics
Sustainable Development Goals
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In: German economic review, Vol. 2, No. 2, 01.05.2001, p. 127-140.
Research output: Contribution to journal › Article › Research › peer review
}
TY - JOUR
T1 - Labour mobility
T2 - An adjustment mechanism in Euroland? Empirical evidence for Western Germany, France and Italy
AU - Puhani, P. A.
N1 - ACKNOWLEDGEMENTS This research was undertaken with support from the `Deutsche Post-Stiftung' (German Mail Foundation) under the project `Arbeitsmarkteffekte der Europa»ischen Wa»hrungsunion' (Labour Market Effects of European Monetary Union) while the author was working with the Centre for European Economic Research (ZEW), in Mannheim, Germany. I thank my former colleagues Bernhard Boockmann, Thiess Bu» ttner, Herbert S. Buscher, FrancÀois Laisney, Claudia Mu» ller, Viktor Steiner and two anonymous referees for helpful comments. Furthermore, I would like to thank Werner Gru»newald, Eurostat Luxembourg, for helpful information on Eurostat's Regio databank. I received excellent research assistance from Stefan Leiderer. All remaining errors are my own.
PY - 2001/5/1
Y1 - 2001/5/1
N2 - We evaluate whether labour mobility is likely to act as a sufficient adjustment mechanism in the face of asymmetric shocks in Euroland. As no adequate data on cross-border migration are available, migration elasticities within nation states (Western Germany, France and Italy) are estimated and interpreted as upper bounds for cross-border migration elasticities between European nation states. Labour mobility is highest in Germany, followed by France and Italy. However, the accommodation of a shock to unemployment by migration takes several years. We conclude that labour mobility is unlikely to act as a sufficient adjustment mechanism to asymmetric shocks in Euroland.
AB - We evaluate whether labour mobility is likely to act as a sufficient adjustment mechanism in the face of asymmetric shocks in Euroland. As no adequate data on cross-border migration are available, migration elasticities within nation states (Western Germany, France and Italy) are estimated and interpreted as upper bounds for cross-border migration elasticities between European nation states. Labour mobility is highest in Germany, followed by France and Italy. However, the accommodation of a shock to unemployment by migration takes several years. We conclude that labour mobility is unlikely to act as a sufficient adjustment mechanism to asymmetric shocks in Euroland.
UR - http://www.scopus.com/inward/record.url?scp=0035023148&partnerID=8YFLogxK
U2 - 10.1111/1468-0475.00031
DO - 10.1111/1468-0475.00031
M3 - Article
AN - SCOPUS:0035023148
VL - 2
SP - 127
EP - 140
JO - German economic review
JF - German economic review
SN - 1465-6485
IS - 2
ER -