Details
| Original language | English |
|---|---|
| Pages (from-to) | 1-22 |
| Number of pages | 22 |
| Journal | Journal of population economics |
| Volume | 32 |
| Issue number | 1 |
| Early online date | 19 Jul 2018 |
| Publication status | Published - Jan 2019 |
Abstract
We estimate whether migration can be an equilibrating force in the labour market by comparing pre- and post-crisis migration movements at the regional level in both Europe and the United States, and their association with asymmetric labour market shocks. Based on fixed-effects regressions using regional panel data, we find that Europe’s migratory response to unemployment shocks was almost identical to that recorded in the United States after the crisis. Our estimates suggest that, if all measured population changes in Europe were due to migration for employment purposes—i.e. an upper-bound estimate—up to about a quarter of the asymmetric labour market shock would be absorbed by migration within a year. However, in Europe and especially in the Eurozone, the reaction to a very large extent stems from migration of recent EU accession country citizens as well as of third-country nationals.
Keywords
- Economic crisis, Europe, Eurozone, Free mobility, Labour market adjustment, Migration, United States
ASJC Scopus subject areas
- Social Sciences(all)
- Demography
- Economics, Econometrics and Finance(all)
- Economics and Econometrics
Sustainable Development Goals
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In: Journal of population economics, Vol. 32, No. 1, 01.2019, p. 1-22.
Research output: Contribution to journal › Article › Research › peer review
}
TY - JOUR
T1 - Migration as an adjustment mechanism in the crisis?
T2 - A comparison of Europe and the United States 2006–2016
AU - Jauer, Julia
AU - Liebig, Thomas
AU - Martin, John P.
AU - Puhani, Patrick A.
PY - 2019/1
Y1 - 2019/1
N2 - We estimate whether migration can be an equilibrating force in the labour market by comparing pre- and post-crisis migration movements at the regional level in both Europe and the United States, and their association with asymmetric labour market shocks. Based on fixed-effects regressions using regional panel data, we find that Europe’s migratory response to unemployment shocks was almost identical to that recorded in the United States after the crisis. Our estimates suggest that, if all measured population changes in Europe were due to migration for employment purposes—i.e. an upper-bound estimate—up to about a quarter of the asymmetric labour market shock would be absorbed by migration within a year. However, in Europe and especially in the Eurozone, the reaction to a very large extent stems from migration of recent EU accession country citizens as well as of third-country nationals.
AB - We estimate whether migration can be an equilibrating force in the labour market by comparing pre- and post-crisis migration movements at the regional level in both Europe and the United States, and their association with asymmetric labour market shocks. Based on fixed-effects regressions using regional panel data, we find that Europe’s migratory response to unemployment shocks was almost identical to that recorded in the United States after the crisis. Our estimates suggest that, if all measured population changes in Europe were due to migration for employment purposes—i.e. an upper-bound estimate—up to about a quarter of the asymmetric labour market shock would be absorbed by migration within a year. However, in Europe and especially in the Eurozone, the reaction to a very large extent stems from migration of recent EU accession country citizens as well as of third-country nationals.
KW - Economic crisis
KW - Europe
KW - Eurozone
KW - Free mobility
KW - Labour market adjustment
KW - Migration
KW - United States
UR - http://www.scopus.com/inward/record.url?scp=85050307174&partnerID=8YFLogxK
U2 - 10.1007/s00148-018-0716-x
DO - 10.1007/s00148-018-0716-x
M3 - Article
AN - SCOPUS:85050307174
VL - 32
SP - 1
EP - 22
JO - Journal of population economics
JF - Journal of population economics
SN - 0933-1433
IS - 1
ER -