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来源类型 | Discussion paper |
规范类型 | 论文 |
来源ID | DP763 |
DP763 The Earnings Dynamics of Immigrant Labour | |
Christoph Schmidt | |
发表日期 | 1993-01-31 |
出版年 | 1993 |
语种 | 英语 |
摘要 | Empirical evidence on the labour market performance of immigrants shows that migrant workers suffer from an initial earnings disadvantage compared to observationally equivalent native workers, but that their subsequent earnings tend to increase faster than native earnings. Economists usually try to explain this phenomenon by spot markets for labour and increases in human capital. In contrast, this paper proposes a contract theoretic model as an alternative to productivity related arguments. It is argued here that the possible distinction of migrants according to their return propensities provides a natural experiment for tests for the underlying process. A test with German data weakly supports the contract model. The ideas presented here have important implications for the emerging group of new immigration countries, most prominently for those in Western Europe. |
关键词 | Earnings dynamics Human capital Implicit contracts Migration |
URL | https://cepr.org/publications/dp763 |
来源智库 | Centre for Economic Policy Research (United Kingdom) |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/529914 |
推荐引用方式 GB/T 7714 | Christoph Schmidt. DP763 The Earnings Dynamics of Immigrant Labour. 1993. |
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