期刊名称：Discussion Papers of the Department of Economics, University of St.Gallen = Diskussionspapiere der Volkswirtschaftlichen Abteilung der Universität St.Gallen
出版年度：2002
卷号：2002
出版社：Universität St. Gallen
摘要：This paper presents a methodology to identify net demand shocks as well as wage rigidities
in heterogeneous labor markets on the basis of nonparametric regression. We show how
this approach can be used to make suggestions for immigration policy in economies with
labor market rigidities. In an application to western Germany it is demonstrated that
nonparametric regression is feasible in higher dimensions with only a few thousand
observations. In sum, labor markets able to absorb immigrants are characterized by above
average age and by professional occupations. On the other hand, labor markets for young
workers in service occupations are identified to exhibit rising unemployment due to wage
rigidities and are therefore not recommended for immigration.
