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Labour Supply and Incentives to Work in Europe highlights recent developments in the labour supply in Europe and gives a detailed assessment of their link with economic policies and labour market institutions. Despite major changes in European labour supply during the past few decades, the existing literature still lacks a comprehensive study of the relationship between labour supply and labour market institutions from a macro perspective.
High-skilled immigrants are a very important component of U.S. innovation and entrepreneurship. Studies regarding the impact of immigrants on natives tend to find limited consequences in the short-run, while the results in the long-run are more varied and much less certain. Immigrants in the United States aid business and technology exchanges with their home countries, but the overall effect that the migration has on the home country remains unclear. Little is known about return migration of workers engaged in innovation and entrepreneurship, except that it is rapidly growing in importance.
Reports for 2002- include: The Annual report of the Council of Economic Advisers.
The paper summarizes key findings from the literature on how distance, relationships and ethnic ties influence knowledge flows, and describes a model that relates emigration and the diaspora to knowledge flows. It recaps a key study that reports evidence of a link from the diaspora and knowledge flows to home country manufacturing productivity. The study summarizes the ways in which intellectual property (IP) protection may influence knowledge flow patterns through incentives (market for ideas) and disincentives (anticommons). Finally, it speculates on how diaspora knowledge flows and IP may alleviate developing country low-productivity equilibria (“poverty traps”) caused by an underinvestment in specialized human capital.
As economists and policymakers strive to understand the causes of the global financial crisis, pinpointing the relationship between government size and economic growth is crucial. In this incisive economic study, Andreas Bergh and Magnus Henrekson find that in wealthy countries, where government size is measured as total taxes or total expenditure relative to GDP, there is a strong negative correlation between government size and economic growth-where government size increases by 10 percentage points, annual growth rates decrease by 0.5 to 1 percent. Bergh and Henrekson stress that statistical correlations, even when highly significant, are not law. Some countries with high taxes enjoy above...
Up-to-date, holistic and comprehensive discussion of public expenditure, its history, value for money, risks and remedies.
What explains Eurozone member-states' divergent exposure to Europe's sovereign debt crisis? Deviating from current fiscal and financial views, From Convergence to Crisis focuses on labor markets in a narrative that distinguishes the winners from the losers in the euro crisis. Alison Johnston argues that Europe's monetary union was structured in a way that advantaged the corporatist labor markets of its northern economies in external trade and financial lending. Northern Europe’s distinct economic advantage lay not with its fiscal capabilities, which were not that different from those of southern Eurozone countries, but with its wage-setting institutions. Through highly coordinated collecti...
This book discusses Sweden's extensive experience of privatizing welfare services. The book presents several lessons from the Swedish experience that should be of interest to all democracies seeking to benefit from introducing market elements to health care, education, and elderly care.
Can anything ever be truly unconditional? Can public services such as healthcare or education be unconditional? And can an income ever be unconditional? This incisive book responds to these questions with a qualified ‘yes,’ and considers whether a social policy regime based on unconditionality might ever replace neoliberalism.
"The Berlin Workshop Series 2009 presents selected papers from meetings held from September 30 - October 2, 2007, at the 10th Annual Forum co-hosted by InWEnt and the World Bank in preparation for the Bank's World Development Report. At the 2007 meetings, key researchers and policy makers from Europe, the United States, and developing countries met to identify and brainstorm on agriculture the development challenges and successes that are later examined in-depth in the World Development Report 2009. This volume presents papers from the Berlin Workshop sessions on issues relating to Understanding spatial trends: perspectives and models; new economic geography and the dynamics of technological change-implications for LDCs; perspectives: rural-urban transformation: leading, lagging and interlinking places; spatial disparity and labor mobility; country realities and policy options; learning from Europe's efforts at integration and convergence and spatial policy for growth and equity.