Labour Mobility: An Adjustment Mechanism in Euroland? Empirical Evidence for Western Germany, France and Italy
Journal
German Economic Review
ISSN
1465-6485
ISSN-Digital
1468-0475
Type
journal article
Date Issued
2001-05-01
Author(s)
Abstract
We evaluate whether labour mobility is likely to act as a sufficient adjustment mechanism in the face of asymmetric shocks in Euroland. As no adequate data on cross-border migration are available, migration elasticities within nation states (Western Germany, France and Italy) are estimated and interpreted as upper bounds for cross-border migration elasticities between European nation states. Labour mobility is highest in Germany, followed by France and Italy. However, the accommodation of a shock to unemployment by migration takes several years. We conclude that labour mobility is unlikely to act as a sufficient adjustment mechanism to asymmetric shocks in Euroland.
Language
English
HSG Classification
contribution to scientific community
Refereed
No
Publisher
Blackwell
Publisher place
Oxford
Volume
2
Number
2
Start page
127
End page
140
Pages
14
Subject(s)
Division(s)
Eprints ID
15542