Bitte verwenden Sie diesen Link, um diese Publikation zu zitieren, oder auf sie als Internetquelle zu verweisen: https://hdl.handle.net/10419/58644 
Kompletter Metadatensatz
DublinCore-FeldWertSprache
dc.contributor.authorMarchiori, Lucaen
dc.contributor.authorPierrard, Olivieren
dc.contributor.authorSneessens, Henri R.en
dc.date.accessioned2012-04-10-
dc.date.accessioned2012-06-15T07:48:30Z-
dc.date.available2012-06-15T07:48:30Z-
dc.date.issued2011-
dc.identifier.piurn:nbn:de:101:1-201111213217en
dc.identifier.urihttp://hdl.handle.net/10419/58644-
dc.description.abstractThis paper contributes to the already vast literature on demography-induced international capital flows by examining the role of labor market imperfections and institutions. We setup a two-country overlapping generations model with search unemployment, which we calibrate on EU15 and US data. Labor market imperfections are found to significantly increase the volume of capital flows, because of stronger employment adjustments in comparison with a competitive economy. We next exploit the model to investigate how demographic asymmetries may have contributed to unemployment and welfare changes in the recent past (1950-2010). We show that a policy reform in one country also has an impact on labor markets in other countries when capital is mobile.en
dc.language.isoengen
dc.publisher|aInstitute for the Study of Labor (IZA) |cBonnen
dc.relation.ispartofseries|aIZA Discussion Papers |x6094en
dc.subject.jelJ11en
dc.subject.jelF21en
dc.subject.jelD91en
dc.subject.jelC68en
dc.subject.ddc330en
dc.subject.keyworddemographicsen
dc.subject.keywordcapital flowsen
dc.subject.keywordoverlapping generationsen
dc.subject.keywordgeneral equilibriumen
dc.subject.keywordunemploymenten
dc.subject.stwKapitalmobilitäten
dc.subject.stwBevölkerungsentwicklungen
dc.subject.stwArbeitslosigkeiten
dc.subject.stwArbeitsmarktflexibilitäten
dc.subject.stwUnvollkommener Markten
dc.subject.stwOverlapping Generationsen
dc.subject.stwVergleichen
dc.subject.stwEU-Staatenen
dc.subject.stwUSAen
dc.titleDemography, capital flows and unemployment-
dc.typeWorking Paperen
dc.identifier.ppn689932758en
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen

Datei(en):
Datei
Größe
1.26 MB





Publikationen in EconStor sind urheberrechtlich geschützt.