The Brain Drain: Some Evidence from European Expatriates in the United States This paper uses U.S. Census data from 1990 and 2000 to provide evidence on the labor market characteristics of European-born workers living in the US. It is found that there is a positive wage premium associated with these workers, and that the highly skilled are overrepresented compared with the source country, more ...

Human evaluations of machine translation are extensive but expensive. Human evaluations can take months to finish and involve human labor that can not be reused. We propose a method of automatic machine translation evaluation that is quick, inexpensive, and languageindependent, that correlates highly with human evaluation, and that has little marginal cost per run. We present this method as an ...

Opening the capital account allows financially constrained firms to raise capital from abroad. Since capital and skilled labor are relative complements, this increases the relative demand for skilled labor versus unskilled labor, leading to higher wage inequality. Using aggregate data and exploiting variation in the timing of capital account openings across 20 mainly European countries, I find ...

The paper studies wage formation in a pairwise matching model with heterogeneous labor. Firms propose wage offers unilaterally but workers can opt to search for alternative contacts besides pairwise meetings. Due to this option, the Diamond Paradox does not emerge but workers earn a non-trivial share of the transferable rent. Since the search option is disproportionately valuable for high skill...

The large influx of immigrants in recent decades has led to an equally long, still unresolved debate over their effect on the labor market outcomes of native-born workers. Economic theory posits that an increase in the supply of labor, such as from immigration, will reduce the wages and employment of native-born workers. Studies, utilizing two approaches to test the theory, have produced confli...

Jordan and Tunisia are two non-oil exporting MENA countries characterized by high unemployment rates and significant migrant populations. A comparative analysis of the impact of international mobility in the two countries allows us to shed light on the mechanisms through which emigration affects labor market outcomes and reciprocally. We develop a dynamic general equilibrium framework for each ...

There have been striking postwar changes in the supply and price of skilled labor relative to unskilled labor. The relative quantity of skilled labor has increased substantially, and the skill premium, which is the wage of skilled labor relative to unskilled labor, has grown signiicantly since 1980. Many studies have found that it is diicult to account for the increase in the skill premium on t...

As a consequence of falling relative demand for low skilled labor in the OECD, people with no or minor qualification experience a deterioration of their economic situation. While flexible labor markets have led to higher wage differentials in the USA, the major problem of most European countries is the high rate of unemployment of the low skilled. To integrate currently discussed determinants o...

Demand for less-skilled workers plummeted in developed countries in the 1980s. In open economies, pervasive skill-biased technological change (SBTC) can explain this decline. SBTC tends to increase the domestic supply of unskillintensive goods by releasing less-skilled labor. The more countries experiencing a SBTC, the greater its potential to decrease the relative wages of less-skilled labor b...