Immigrants smooth eurozone labour market shocks – Bank of Italy paper

europe66

Growing immigrant populations have greatly increased the eurozone’s elasticity when it comes to labour market shocks, a working paper published by the Bank of Italy finds.

In Immigrants, labour market dynamics and adjustment to shocks in the euro area, Gaetano Basso, Francesco D’Amuri and Giovanni Peri use data from the European Labor Force Survey from 2007 to 2016. The authors note that the proportion of immigrants in the eurozone countries has grown from approximately 4.5% of the currency

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: