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Alesina, Alberto; Algan, Yann; Cahuc, Pierre; Giuliano, Paola. |
Flexible labor markets requires geographically mobile workers to be efficient. Otherwise, firms can take advantage of the immobility of workers and extract monopsony rents. In cultures with strong family ties, moving away from home is costly. Thus, individuals with strong family ties rationally choose regulated labor markets to avoid moving and limiting the monopsony power of firms, even though regulation generates lower employment and income. Empirically, we do find that individuals who inherit stronger family ties are less mobile, have lower wages, are less often employed and support more stringent labor market regulations. There are also positive cross-country correlations between the strength of family ties and labor market rigidities. Finally, we find... |
Tipo: Working or Discussion Paper |
Palavras-chave: Family Values; Regulation of Labor; Labor Markets; Labor and Human Capital; J; J2; J4. |
Ano: 2010 |
URL: http://purl.umn.edu/90908 |
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Cattaneo, Cristina. |
The present paper analyses the expenditure behavior of Albanian families. The objective is to cast some light upon the relationship between education expenditure and the volume of remittances, sent from abroad by household members. To assess the existence of an education enhancing effect of remittances, an Engel curve framework is employed, where heterogeneity in interests or in bargaining power among the members within the households is assumed. The empirical estimation accounts for the censored nature of the education expenditure through using Heckman two-step as well as a semiparametric model for sample selection. Finally, quintile regression analysis is employed to investigate whether migrants’ remittances have a differentiated effect on various... |
Tipo: Working or Discussion Paper |
Palavras-chave: Migrant Remittances; Engel Curves; Education Expenditure; Labor and Human Capital; R; J. |
Ano: 2010 |
URL: http://purl.umn.edu/59373 |
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Rodriguez-Pose, Andres; Tselios, Vassilis. |
Relatively little attention has been paid to the role that externalities play in determining the pecuniary returns to migration. This paper addresses this gap, using microeconomic data for more than 100,000 individuals living in the European Union (EU) for the period 1994-2001 in order to analyse whether the individual economic returns to education vary between migrants and nonmigrants and whether any observed differences in earnings between migrants and locals are affected by household and/or geographical (regional and interregional) externalities. The results point out that while education is a fundamental determinant of earnings., European labour markets – contrary to expectations – do not discriminate in the returns to education between migrants and... |
Tipo: Working or Discussion Paper |
Palavras-chave: Individual Earnings; Migration; Educational Attainment; Externalities; Household; Regions; Europe; Labor and Human Capital; J. |
Ano: 2010 |
URL: http://purl.umn.edu/59851 |
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