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来源类型 | Discussion paper |
规范类型 | 论文 |
来源ID | DP3463 |
DP3463 Foreign Currency for Long-Term Investors | |
John Y Campbell; Luis Viceira; Josh S. White | |
发表日期 | 2002-07-20 |
出版年 | 2002 |
语种 | 英语 |
摘要 | The design of optimal immigration policy, particularly in the face of the spiraling demand for highly skilled workers, such as IT workers and engineers, is a topical issue in the policy debate as well as the economic literature. In this paper, we present empirical evidence from firm-level data collected in 2000 on the demand in Europe for highly skilled workers in general and abroad and their determinants. Major findings are that the fraction of highly skilled recruited from the international labour market is very small, and it seems that foreign and domestic workers are very similar in terms of formal education, that is subject of specialization, and job characteristics. We suggest an efficiency wage model that can explain why firms recruit foreign workers in small numbers and are willing to pay migrants the same wage as local workers and at the same time are willing to pay for moving costs, for example, that are specific to immigrating workers. |
主题 | Labour Economics |
关键词 | Migration Labour demand Firm data Highly skilled workers Globalization |
URL | https://cepr.org/publications/dp3463 |
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/532481 |
推荐引用方式 GB/T 7714 | John Y Campbell,Luis Viceira,Josh S. White. DP3463 Foreign Currency for Long-Term Investors. 2002. |
条目包含的文件 | 条目无相关文件。 |
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