Migration as an adjustment mechanism in the crisis? A comparison of Europe and the United States 2006–2016
"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 usin...
Main Authors: | , , , |
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Institution: | ETUI-European Trade Union Institute |
Format: | TEXT |
Language: | English |
Published: |
Bonn
2018
IZA |
Subjects: | |
Online Access: | https://www.labourline.org/KENTIKA-19397434124911156169-Migration-as-an-adjustment-mec.htm |
_version_ | 1771659897985826816 |
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author | Jauer, Julia Liebig, Thomas Martin, John P. Puhani, Patrick A. |
author_facet | Jauer, Julia Liebig, Thomas Martin, John P. Puhani, Patrick A. |
collection | Library items |
description | "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." |
format | TEXT |
geographic | EU countries USA |
id | 19397434124911156169_92c90e8130fe430e9fecf4c30d368a9c |
institution | ETUI-European Trade Union Institute |
is_hierarchy_id | 19397434124911156169_92c90e8130fe430e9fecf4c30d368a9c |
is_hierarchy_title | Migration as an adjustment mechanism in the crisis? A comparison of Europe and the United States 2006–2016 |
language | English |
physical | 26 p. Digital |
publishDate | 2018 |
publisher | Bonn IZA |
spellingShingle | Jauer, Julia Liebig, Thomas Martin, John P. Puhani, Patrick A. migration economic recession labour market labour mobility Migration as an adjustment mechanism in the crisis? A comparison of Europe and the United States 2006–2016 |
thumbnail | https://www.labourline.org/Image_prev.jpg?Archive=132034695021 |
title | Migration as an adjustment mechanism in the crisis? A comparison of Europe and the United States 2006–2016 |
topic | migration economic recession labour market labour mobility |
url | https://www.labourline.org/KENTIKA-19397434124911156169-Migration-as-an-adjustment-mec.htm |