Global Aging and Fiscal Policy with International Labor Mobility: A Political Economy Perspective This paper uses an overlapping generations model with international labor mobility and a politically responsive fiscal policy to examine aging in developed and developing regions. Migrant workers change the political structure composed of young and elderly voters in both labor-receiving and labor-s...

This paper adds new knowledge to the phenomenon of transferring embodied knowledge through labor mobility by means of a comparative study of the entertainment and manufacturing industries. Explorative in nature, the paper takes advantage of unique data on the Danish labor market (i.e. IDA) to investigate labor mobility patterns for the two selected industries and to detect internal differences ...

In this paper, we use a multi-sector specific factors model with international capital mobility to examine the effects of globalization on the skill premium in U.S. manufacturing industries. This model allows us to identify two channels through which globalization affects relative wages: effects of international capital flows transmitted through changes in interest rates, and effects of international...

With increased globalization and labor mobility, human resource reallocation across firms, industries and regions has become the new norm in labor markets. The emergence of massive digital traces of such mobility offers a unique opportunity to understand labor mobility at an unprecedented scale and granularity. While most studies on labor mobility have largely focused on characterizing macro-le...

Major debates on the industrialization of agrarian economies view labor mobility—sectoral and spatial, from agriculture to industry and from villages and small towns to cities—as central to understanding the pace and nature of industrialization. Many see labor mobility as the result of the commercialization and capitalization of agriculture, which leads to an increasing number of peasants who a...

This paper analyzes the career progression of skilled and unskilled workers, with a focus on how careers are affected by economic downturns, and whether formal skills, acquired early on, are able to shield workers from the effect of recessions. We estimate a dynamic life-cycle model of education choice, labor supply and wage progression using detailed administrative data for Germany for numerou...

Knowledge, once generated, spills only imperfectly among firms and nations. We posit that since institutions and labor networks vary by region, there should be regional variations in the localization of spillovers. We investigate the relationship between the mobility of major patent holders and the localization of technological knowledge through the analysis of patent citations of important sem...

Economic Integration and Labor Market Institutions: Worker Mobility, Earnings Risk, and Contract Structure This paper investigates the effects of labor market integration, in the form of worker mobility, in a model with long-term labor contracts that lead to wage rigidities and unemployment. Reflecting the interdependence of regional labor markets, we develop a general-equilibrium framework whe...

The issue of the interaction between trade and labor mobility has become a major topic in the context of economic integration and trade liberalization. The main purpose of this study is to investigate the issue of international labor mobility from the standpoint of new developments in trade theory, by asking the following question: does trade liberalization result in the substitution or complem...