Demography, Employment and Migration

Demography, Employment & Migration

In a continent beset by ageing populations and a general reluctance to allow more immigration, policymaking must keep a keen eye on the dynamics between population trends, employment patterns, migration flows and the economic consequences and challenges arising from these demographic pressures. This EconPol section examines labor market dynamics, demographic change and its effects, employment trends, job creation, and the impact of technological developments on employment. The various forms of migration are a recurring theme, including international migration, labor migration, internal migration, and refugee movements, and the socio-economic implications for both sending and receiving countries.

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Discrimination of Sexual Minorities in Emerging Markets: Can the Needle Be Moved?

INSTITUTIONS ACROSS THE WORLD

Cevat Giray Aksoy, Christopher S. Carpenter, Ralph De Haas, Mathias Dolls, Lisa Windsteiger

Recent advances in rights for lesbians, gay men, and bisexual individuals (LGB) have varied substantially across the world. This article provides new evidence on the determinants of support for sexual minorities in Serbia, Turkey, and Ukraine – three emerging markets with some of the lowest rates of social acceptance of sexual minorities in Europe.

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Who Should Bear the Burden of Increasing Fiscal Pressure? An Optimal Income Taxation Perspective

ECONOMIC POLICY AND ITS IMPACT

Mehmet Ayaz, Lea Fricke, Clemens Fuest, Dominik Sachs

The Covid-19 pandemic has had a profound impact on the global economy, leaving us with a significant stock of additional debt. A widespread view is that the burden of servicing this debt should be distributed fairly, suggesting that tax systems should become more progressive. How should the optimal degree of income tax progression change if governments need to raise more revenues? In this article, the authors use the workhorse model of optimal income taxation to analyze the change in the degree of tax progressivity in response to the fiscal pressure caused by the Covid-19 pandemic.

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Minimum Income Support Systems as Elements of Crisis Resilience in Europe

Werner Eichhorst, Holger Bonin, Annabelle Krause-Pilatus, Paul Marx, Mathias Dolls, Max Lay

The new Policy Report analyses the role of social policies in different European welfare states regarding minimum income protection and active inclusion. It finds consistent differences in terms of crisis resilience across countries and welfare state types. In general, Nordic and Continental European welfare states with strong upstream systems and minimum income support (MIS) show better outcomes in core socio-economic outcomes such as poverty and exclusion risks. However, labour market integration shows some dualisms in Continental Europe. The study shows that MIS holds particular importance if there are gaps in upstream systems or cases of severe and lasting crises.

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The Demand for Data Skills in German Companies: Evidence from Online Job Advertisements

BIG-DATA-BASED ECONOMIC INSIGHTS

Jan Büchel, Jan Engler, Armin Mertens

The analysis shows that data skills are required in many job advertisements in Germany and are becoming more relevant. This is a positive sign for the data economy in Germany, as companies increasingly realize the potential of data and try to implement it in their own operations. However, a growing demand for employees with data skills poses challenges for companies in the future in view of the existing skills gap, especially in digitalization professions. Policymakers should intervene by, for example, taking measures that make it easier for companies to recruit foreign workers.

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Skilled Workers

Higher Wages May Help Overcome the Shortage of Skilled Workers!

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Expert Opinion
There is currently intense debate in many countries about a shortage of skilled workers. For instance in Germany, despite record employment figures, according to surveys by the ifo Institute, close to 50 percent of companies say they are constrained by a shortage of skilled workers – also an all-time high. From an economic perspective, there is a simple answer to shortages: higher prices.
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