Directorate General for Economics,
Statistics and Research
Bank of Italy
Via Nazionale 91
Institutional Affiliation: Bank of Italy
NBER Working Papers and Publications
|September 2018||Immigrants, Labor Market Dynamics and Adjustment to Shocks in the Euro Area|
with Gaetano Basso, Giovanni Peri: w25091
We analyze the role of labor mobility in cushioning labor demand shocks in the Euro Area. We find that foreign born workers’ mobility is strongly cyclical, while this is not the case for natives. Foreigners’ higher population to employment elasticity reduces the variation of overall employment rates over the business cycle: thanks to them, the impact of a one standard deviation change in employment on employment rates decreases by 6 per cent at the country level and by 7 per cent at the regional level. Additionally, we compare Euro Area mobility to that of another currency union, the US. We find that the population to employment elasticity estimated for foreign-born persons is similar in the Euro Area and the US, while EA natives are definitely less mobile across countries than US natives ...
Published: Gaetano Basso & Francesco D’Amuri & Giovanni Peri, 2019. "Immigrants, Labor Market Dynamics and Adjustment to Shocks in the Euro Area," IMF Economic Review, vol 67(3), pages 528-572. citation courtesy of
|June 2011||Immigration, Jobs and Employment Protection: Evidence from Europe|
with Giovanni Peri: w17139
In this paper we analyze the effect of immigrants on native jobs in fourteen Western European countries. We test whether the inflow of immigrants in the period 1996-2007 decreased employment rates and/or if it altered the occupational distribution of natives with similar education and age. We find no evidence of the first but significant evidence of the second: immigrants took "simple" (manual-routine) type of occupations and natives moved, in response, toward more "complex" (abstract-communication) jobs. The results are robust to the use of an IV strategy based on past settlement of different nationalities of immigrants across European countries. We also document the labor market flows through which such a positive reallocation took place: immigration stimulated job creation, and the comp...
Published: “Immigration, Jobs and Labor Market Institutions: Evidence from Europe” (with F. D’Amuri) Journal of European Economic Association, Volume 12, Issue 2, pages 432–464, April 2014
|March 2008||The Labor Market Impact of Immigration in Western Germany in the 1990's|
with Gianmarco I.P. Ottaviano, Giovanni Peri: w13851
We adopt a general equilibrium approach in order to measure the effects of recent immigration on the Western German labor market, looking at both wage and employment effects. Using the Regional File of the IAB Employment Subsample for the period 1987-2001, we find that the substantial immigration of the 1990's had no adverse effects on native wages and employment levels. It had instead adverse employment and wage effects on previous waves of immigrants. This stems from the fact that, after controlling for education and experience levels, native and migrant workers appear to be imperfect substitutes whereas new and old immigrants exhibit perfect substitutability. Our analysis suggests that if the German labor market were as 'flexible' as the UK labor market, it would be more efficient in de...
Published: D'Amuri, Francesco & Ottaviano, Gianmarco I.P. & Peri, Giovanni, 2010.
"The labor market impact of immigration in Western Germany in the 1990s,"
European Economic Review,
Elsevier, vol. 54(4), pages 550-570, May.
citation courtesy of