Myrto Oikonomou's Books

Labor Market Tightness in Advanced Economies

By: Mr. Romain A Duval,Yi Ji,Longji Li,Myrto Oikonomou,Carlo Pizzinelli,Mr. Ippei Shibata,Alessandra Sozzi,Marina M. Tavares

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Labor Market Tightness in Advanced Economies

By: Mr. Romain A Duval,Yi Ji,Longji Li,Myrto Oikonomou,Carlo Pizzinelli,Mr. Ippei Shibata,Alessandra Sozzi,Marina M. Tavares

Two years after the onset of the COVID-19 pandemic, a puzzle has emerged in several advanced economies: unfilled job vacancies have increased sharply even though employment has yet to fully recover. This note sheds light on three contributing factors, namely barriers to returning to work, changing worker preferences away from certain types of jobs, and sectoral and occupational job mismatch. The note also assesses the impact of labor market tightness on wage growth, showing that it has been large for low-pay jobs but milder overall. Bringing disadvantaged groups of workers into the labor force, including by controlling the pandemic itself, would ease labor market pressures while amplifying the recovery and making it more inclusive.

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International Monetary Fund

Published Date

ISBN 13

9798400204340

Migration, Search and Skill Heterogeneity

By: Myrto Oikonomou

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Migration, Search and Skill Heterogeneity

By: Myrto Oikonomou

Cross-border migration can act as an important adjustment mechanism to country-specific shocks. Yet, depending on who moves, it can have unintended consequences for business cycle stability. This paper argues that the skill composition of migration plays a critical role. When migration flows become more concentrated in skilled labor an important trade-off arises. On the one hand, migration releases unemployment pressures for the origin countries. On the other hand, it generates negative compositional effects (the so-called “brain drain” effects) and skill imbalances, which reduce supply capacity in origin countries. This paper analyses quantitatively the impact of cyclical migration in an open-economy Dynamic Stochastic General Equilibrium (DSGE) model with endogenous migration flows, trade linkages, search and matching frictions, and skill heterogeneity. I apply this framework to the case of the Greek emigration wave following the European Debt Crisis. What I find is that emigration flows implied strong negative effects for capital formation, leading to more than a 15 percentage point drop in investment. Rather than stabilizing the Greek business cycle, labor mobility led to a deeper and more protracted recession.

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International Monetary Fund

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ISBN 13

9798400247927

Did the COVID-19 Recession Increase the Demand for Digital Occupations in the United States? Evidence from Employment and Vacancies Data

By: Jiaming Soh,Myrto Oikonomou,Carlo Pizzinelli,Mr. Ippei Shibata,Ms. Marina Mendes Tavares

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Did the COVID-19 Recession Increase the Demand for Digital Occupations in the United States? Evidence from Employment and Vacancies Data

By: Jiaming Soh,Myrto Oikonomou,Carlo Pizzinelli,Mr. Ippei Shibata,Ms. Marina Mendes Tavares

This paper investigates whether the COVID-19 recession led to an increase in demand for digital occupations in the United States. Using O*NET to capture the digital content of occupations, we find that regions that were hit harder by the COVID-19 recession experienced a larger increase in the share of digital occupations in both employment and newly-posted vacancies. This result is driven, however, by the smaller decline in demand for digital workers relative to non-digital ones, and not by an absolute increase in the demand for digital workers. While our evidence supports the view that digital workers, particularly those in urban areas and cognitive occupations, were more insulated during this recession, there is little indication of a persistent shift in the demand for digital occupations.

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International Monetary Fund

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ISBN 13

9798400220869

Byzantine Epirus

A Topography of Transformation. Settlements of the Seventh-Twelfth Centuries in Southern Epirus and Aetoloacarnania, Greece

By: Myrto Veikou

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Byzantine Epirus

A Topography of Transformation. Settlements of the Seventh-Twelfth Centuries in Southern Epirus and Aetoloacarnania, Greece

By: Myrto Veikou

This text draws on five years of archaeological and topographical fieldwork in order to attempt a re-reading of Byzantine texts in accordance with recent perceptions of the historicity of space.

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904

Publisher

BRILL

Published Date

ISBN 10

9004221514

ISBN 13

9789004221512

Sociology of Crisis

Visualising Urban Austerity

By: Myrto Tsilimpounidi

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Sociology of Crisis

Visualising Urban Austerity

By: Myrto Tsilimpounidi

The global financial crisis has demonstrated the impact and implications of late capitalism and its bedfellow, globalisation. In the European context, crisis is seen as a threat to the stability of the region, rather than a local or national concern. Post-2008, crisis is social and political, rather than merely financial, as Western countries witness the consequences of consumption, growth and profit. In this book, Tsilimpounidi demonstrates how sociologists must develop new approaches to examining rapid shifts in the social landscape, since crisis is not merely reflected in balance sheets, but is mediated through spectacular imagery of loss, deprivation and increased vectors of marginalisation. Providing focused and valuable insight into the pressing problems of those living in Greece in relation to the wider spheres of the nation and at the level of the European Union, Sociology of Crisis takes an approach that is firmly located within a critical sociological appeal to reflexivity. A timely engagement with the problem of crisis at a macro-level and in dialogue with the everyday experiences of crisis on a micro-level, this interdisciplinary title will appeal to both undergraduate and postgraduate students interested in sociology, social policy, geography, urban studies and research methods (social science).

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223

Publisher

Routledge

Published Date

ISBN 10

1317557085

ISBN 13

9781317557081

Labor Market Tightness in Advanced Economies

By: Mr. Romain A Duval,Yi Ji,Longji Li,Myrto Oikonomou,Carlo Pizzinelli,Mr. Ippei Shibata,Alessandra Sozzi,Marina M. Tavares

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Labor Market Tightness in Advanced Economies

By: Mr. Romain A Duval,Yi Ji,Longji Li,Myrto Oikonomou,Carlo Pizzinelli,Mr. Ippei Shibata,Alessandra Sozzi,Marina M. Tavares

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Solve jigsaw puzzle

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Publisher

International Monetary Fund

Published Date

ISBN 13

9798400204340

Book's by Myrto Oikonomou

Labor Market Tightness in Advanced Economies

Labor Market Tightness in Advanced Economies

Migration, Search and Skill Heterogeneity

Migration, Search and Skill Heterogeneity

Did the COVID-19 Recession Increase the Demand for Digital Occupations in the United States? Evidence from Employment and Vacancies Data

Did the COVID-19 Recession Increase the Demand for Digital Occupations in the United States? Evidence from Employment and Vacancies Data

Byzantine Epirus

Byzantine Epirus

Sociology of Crisis

Sociology of Crisis

Labor Market Tightness in Advanced Economies

Labor Market Tightness in Advanced Economies

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