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  1. How do firms adjust to a negative labor supply shock?
    evidence form migration outflows
    Erschienen: [2022]
    Verlag:  Banca d'Italia Eurosistema, [Rom]

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    Sprache: Englisch
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    Schriftenreihe: Temi di discussione / Banca d'Italia ; number 1361 (February 2022)
    Schlagworte: migration; labor supply; skills; firms
    Umfang: 1 Online-Ressource (circa 45 Seiten), Illustrationen
  2. How do firms adjust to negative labor supply shocks?
    evidence from migration outflows
    Erschienen: January 2022
    Verlag:  IZA - Institute of Labor Economics, Bonn, Germany

    The quality of workers in a country positively relates to productivity of firms, adoption of new technologies, and growth. This paper studies adjustments of Italian firms to negative labor supply shocks in the context of workers' outflows from Italy... mehr

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    The quality of workers in a country positively relates to productivity of firms, adoption of new technologies, and growth. This paper studies adjustments of Italian firms to negative labor supply shocks in the context of workers' outflows from Italy to Switzerland. My diff-in-diff leverages the implementation of a policy in which Switzerland granted free labor market mobility to EU citizens and different treatment intensity of Italian firms based on their distance to the Swiss border. Using detailed social security data on the universe of Italian firms and workers, I document large (12 percentage points higher) outflows of workers and fewer (2.5 percentage points) surviving firms in the treatment group relative to control. Despite replacing workers and becoming more capital intensive, treated firms are less productive and pay lower wages. I investigate this evidence through the lens of a simple production function with high and low-skilled labor within a heterogeneity analysis based on the skill intensity of the industry of each firm. In line with the brain drain literature, I show how adverse effects of large outflows of workers operate through firms that workers leave. I provide suggestive evidence that high-skill intensive firms are the main driver of the negative results on wages and productivity. I also show that low skill intensive firms instead suffer less from losing workers and provide new job opportunities for the workers who do not migrate.

     

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    Sprache: Englisch
    Medientyp: Buch (Monographie)
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    Weitere Identifier:
    hdl: 10419/250655
    Schriftenreihe: Discussion paper series / IZA ; no. 14994
    Schlagworte: migration; labor supply; skills; firms
    Umfang: 1 Online-Ressource (circa 88 Seiten), Illustrationen
  3. Le modifiche al sistema fiscale e di welfare italiano attuate nel 2022
    profili di equità ed efficienza
    Erschienen: [2023]
    Verlag:  Banca d'Italia, [Rom]

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    Sprache: Italienisch
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    Schriftenreihe: Questioni di economia e finanza / Banca d'Italia ; numero 748 (Marzo 2023)
    Umfang: 1 Online-Ressource (circa 27 Seiten), Illustrationen
  4. Inflation, fiscal policy and inequality
    the distributional impact of fiscal measures to compensate for consumer inflation

    This paper analyses the distributional impact of high consumer inflation in the euro area and government measures to compensate households in 2022. The study uses the tax-benefit microsimulation model for the European Union (EUROMOD) with microdata... mehr

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    This paper analyses the distributional impact of high consumer inflation in the euro area and government measures to compensate households in 2022. The study uses the tax-benefit microsimulation model for the European Union (EUROMOD) with microdata as the input - EU statistics on income and living conditions (EU-SILC) and household budget surveys (HBS) - to quantify the distributional impact of inflation, income support measures and measures aimed at containing prices. The analysis confirms that purchasing power and welfare were more severely affected by the 2022 inflation surge in lower-income households than in higher-income households. Fiscal measures compensated households for about a third of their welfare loss, though with significant differences between countries. At the same time, fiscal measures closed around 60% of the inequality gap between lower and higherincome households. Most fiscal measures were not particularly well targeted at lowincome households, resulting in a higher than necessary fiscal burden to cushion the distributional impact of the inflationary shock.

     

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    Quelle: Staatsbibliothek zu Berlin
    Sprache: Englisch
    Medientyp: Ebook
    Format: Online
    ISBN: 9789289962292
    Weitere Identifier:
    hdl: 10419/283408
    Schriftenreihe: Occasional paper series / European Central Bank ; No 330
    Schlagworte: inflation; fiscal policy; distributional effect; welfare effect; EUROMOD
    Umfang: 1 Online-Ressource (42 Seiten), Diagramme
  5. Inflation, fiscal policy and inequality
    the distributional impact of fiscal measures to compensate for consumer inflation

    This paper analyses the distributional impact of high consumer inflation in the euro area and government measures to compensate households in 2022. The study uses the tax-benefit microsimulation model for the European Union (EUROMOD) with microdata... mehr

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    This paper analyses the distributional impact of high consumer inflation in the euro area and government measures to compensate households in 2022. The study uses the tax-benefit microsimulation model for the European Union (EUROMOD) with microdata as the input - EU statistics on income and living conditions (EU-SILC) and household budget surveys (HBS) - to quantify the distributional impact of inflation, income support measures and measures aimed at containing prices. The analysis confirms that purchasing power and welfare were more severely affected by the 2022 inflation surge in lower-income households than in higher-income households. Fiscal measures compensated households for about a third of their welfare loss, though with significant differences between countries. At the same time, fiscal measures closed around 60% of the inequality gap between lower and higherincome households. Most fiscal measures were not particularly well targeted at lowincome households, resulting in a higher than necessary fiscal burden to cushion the distributional impact of the inflationary shock.

     

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    Quelle: Staatsbibliothek zu Berlin
    Sprache: Englisch
    Medientyp: Ebook
    Format: Online
    ISBN: 9789289962292
    Weitere Identifier:
    hdl: 10419/283408
    Schriftenreihe: Occasional paper series / European Central Bank ; No 330
    Schlagworte: inflation; fiscal policy; distributional effect; welfare effect; EUROMOD
    Umfang: 1 Online-Ressource (42 Seiten), Diagramme
  6. Inflation, fiscal policy and inequality

    This paper analyses the distributional impact of high consumer inflation in the euro area and government measures to compensate households in 2022. The study uses the tax-benefit microsimulation model for the European Union (EUROMOD) with microdata... mehr

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    This paper analyses the distributional impact of high consumer inflation in the euro area and government measures to compensate households in 2022. The study uses the tax-benefit microsimulation model for the European Union (EUROMOD) with microdata as the input - EU statistics on income and living conditions (EU-SILC) and household budget surveys (HBS) - to quantify the distributional impact of inflation, income support measures and measures aimed at containing prices. The analysis confirms that purchasing power and welfare were more severely affected by the 2022 inflation surge in lower-income households than in higher-income households. Fiscal measures compensated households for about a third of their welfare loss, though with significant differences between countries. At the same time, fiscal measures closed around 60% of the inequality gap between lower and higher-income households. Most fiscal measures were not particularly well targeted at low-income households, resulting in a higher than necessary fiscal burden to cushion the distributional impact of the inflationary shock.

     

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    Quelle: Verbundkataloge
    Sprache: Englisch
    Medientyp: Buch (Monographie)
    Format: Online
    Schriftenreihe: JRC working papers on taxation and strucutral reforms ; no 2023, 10
    Umfang: 1 Online-Ressource (circa 40 Seiten), Illustrationen
  7. La revisione delle misure di contrasto alla povertà in Italia
    Erschienen: [2023]
    Verlag:  Banca d'Italia, [Rom]

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    Sprache: Italienisch
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    Format: Online
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    Schriftenreihe: Questioni di economia e finanza / Banca d'Italia ; number 820 (Dicembre 2023)
    Schlagworte: basic income; poverty; redistribution; microsimulation; occupation
    Umfang: 1 Online-Ressource (circa 19 Seiten), Illustrationen
  8. The skill content of occupations across low and middle income countries
    evidence from harmonized data

    Using new and harmonized worker-level survey data on tasks at work in the developing world, this paper constructs, for the first time, a measure of the skill content of occupations for 10 low and middle-income countries. Following Autor, Levy and... mehr

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    Using new and harmonized worker-level survey data on tasks at work in the developing world, this paper constructs, for the first time, a measure of the skill content of occupations for 10 low and middle-income countries. Following Autor, Levy and Murnane (2003), Acemoglu and Autor (2011), and Autor and Handel (2013), we map tasks into non-routine analytical, non-routine interpersonal, and routine & manual skill groups. We find significant differences in the skill mix used by workers across different occupations, with selected white-collar occupations being intensive in Analytical and Interpersonal skills, while others - mostly blue collar, but not only - being more intensive in Routine and Manual skills. We also find that the rankings of occupations along the skill dimensions are quite stable across countries, and they correlate significantly higher between middle- and low-income countries than between them and the United States. Hence, the common practice of assuming the same skill structure for occupations in the United States and other countries can be misleading. Finally, we find that the heterogeneity of skill content between occupations (within countries) tends to decrease with the level of income, while the heterogeneity within occupations decreases only weakly (or not at all) for higher income levels. Taken together, these results suggest that as countries develop, they tend to adopt and use certain skills more widely, especially across occupations. This may suggest some degree of specialization in skills content of tasks as countries develop, especially moving towards less occupation-specific Analytical or Interpersonal skills that are becoming increasingly relevant across the board.

     

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    Hinweise zum Inhalt
    Quelle: Verbundkataloge
    Sprache: Englisch
    Medientyp: Buch (Monographie)
    Format: Online
    Weitere Identifier:
    hdl: 10419/147910
    Schriftenreihe: Discussion paper / IZA ; no. 10224
    Umfang: 1 Online-Ressource (circa 67 Seiten), Illustrationen