Labour mobility

An adjustment mechanism in Euroland? Empirical evidence for Western Germany, France and Italy

authored by

P. A. Puhani

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.

External Organisation(s)

University of St. Gallen (HSG)

Type

Article

Journal

German economic review

Volume

2

Pages

127-140

No. of pages

14

ISSN

1465-6485

Publication date

01.05.2001

Publication status

Published

Peer reviewed

Yes

ASJC Scopus subject areas

Economics and Econometrics

Sustainable Development Goals

SDG 8 - Decent Work and Economic Growth

Electronic version(s)

https://doi.org/10.1111/1468-0475.00031 (Access: Closed)
https://madoc.bib.uni-mannheim.de/596/ (Access: Open)