In this paper we study the assimilation (in employment terms) of the recent wave of immigration in Spain for the period 2002-2006. Besides the picture of heterogeneity that emerges from the origins of the workers, we differentiate the immigrants by their year of arrival in Spain (old and new immigrants). Following Shimer (2005) and using data from the Spanish Labor Force Survey we calculate the...

This paper proposes a structural life-cycle model to analyze the relationship between health risks, early retirement and saving behavior for employees in Germany. I rely on the framework of a dynamic programming discrete choice model with a discretized saving decision. The model accounts for both forward looking behavior and unobserved heterogeneity which is specified seminonparametrically. Hea...

The transitional process in China is marked by prominent roles of state institutions, which are a key determinant of the opportunity and reward structure in the newly developing labor market. Migrant labor and the occupational and sectoral changes in the urban economy have further shaped the evolution of the labor market in Chinese cities. In this paper, I argue that labor-market returns are no...

This article examines the combined impact of the employment guarantee for graduates and public sector compensation policies on the Egyptian labor market. Besides contributing to an unsustainable rate of growth in the government labor force, these policies have encouraged queuing for government jobs, contributed to high graduate unemployment rates, and reduced the employment of graduates in the ...