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Shocking Aspects of Canadian Labor Markets

Sutton, Bennett; Bayoumi, Tamim; Swiston, Andrew - International Monetary Fund (IMF) - 2006

using macroeconomic data on employment, unemployment, participation, and (for Canada) migration and real wages. We find that … flexible, particularly with regard to migration, while those further east are less so. …

Persistent link: https://www.econbiz.de/10005599750

Do Remittances to Latin America Dependon the U.S. Business Cycle?

Gradzka, Ewa; Roache, Shaun K. - International Monetary Fund (IMF) - 2007

We use a range of methods and remittance data from 1990 to 2007 to assess the strength and significance of linkages between remittance flows to Latin America and the U.S. business cycle. All of the evidence suggests that remittance flows are relatively insensitive to fluctuations in the U.S....

Persistent link: https://www.econbiz.de/10005605152

Do Workers' Remittances Promote Economic Growth?

Gapen, Michael T.; Chami, Ralph; Montiel, Peter; … - International Monetary Fund (IMF) - 2009

Over the past decades, workers' remittances have grown to become one of the largest sources of financial flows to developing countries, often dwarfing other widely-studied sources such as private capital and official aid flows. While it is undeniable that remittances have poverty-alleviating and...

Persistent link: https://www.econbiz.de/10008528660

Macroeconomics of Migration in New Member States

Bems, Rudolfs; Schellekens, Philip - International Monetary Fund (IMF) - 2008

This paper examines the macroeconomic impact of migration on income convergence in the EU's New Member States (NMS …

Persistent link: https://www.econbiz.de/10005825900

Exchange Rates and Wages in an Integrated World

Spilimbergo, Antonio; Mishra, Prachi - International Monetary Fund (IMF) - 2009

We analyze how the pass-through from exchange rate to domestic wages depends on the degree of integration between domestic and foreign labor markets. Using data from 66 countries over the period 1981â€“2005, we find that the elasticity of domestic wages to real exchange rate is 0.1 after a...

Persistent link: https://www.econbiz.de/10005826292

Regional Labor Market Adjustments in the United States and Europe

Dao, Mai; Furceri, Davide; Loungani, Prakash - International Monetary Fund (IMF) - 2014

estimate the dynamic response of regional employment, unemployment, participation rates and net migration to state … decreased over time, suggesting less overall net migration in response to a regional shock, (ii) the role of the participation … rate as absorber of regional shocks has increased, (iii) the response of net migration to regional shocks is stronger …

Persistent link: https://www.econbiz.de/10010790322

Emigration and Brain Drain; Evidence From the Caribbean

Mishra, Prachi - International Monetary Fund (IMF) - 2006

This paper quantifies the magnitude and nature of migration flows from the Caribbean and estimates their costs and … migration rates are particularly striking for the highskilled. Many countries have lost more than 70 percent of their labor … in 2002. Simple welfare calculations suggest that the losses due to high-skill migration (ceteris paribus) outweigh the …

Persistent link: https://www.econbiz.de/10005248304

Impact of Structural Reformson Productivity Growth in Industrial Countries

Salgado, Ranil - International Monetary Fund (IMF) - 2002

This paper investigates the impact of structural reforms on productivity growth. A panel analysis of 20 OECD countries finds that the impact of structural reforms on productivity growth may be weak or negative in the short run, possibly due to adjustment costs and the need for firms to learn how...

Persistent link: https://www.econbiz.de/10005768737

Does Technological Diffusion Explain Australia's Productivity Performance?

Tressel, Thierry - International Monetary Fund (IMF) - 2008

This paper analyzes the impact of product and labor market policies on technological diffusion and multi-factor productivity (MFP) in a panel of industries in 15 OECD countries over the period 1980 to 2003, with a special focus on Australia. We use a simple convergence empirical framework to...

Persistent link: https://www.econbiz.de/10005768866

India; Is the Rising Tide Lifting All Boats?

Topalova, Petia - International Monetary Fund (IMF) - 2008

While many have celebrated India's accelerating economic growth, some have expressed concern about the distributional impacts of the growth process. Cognizant of the vulnerability of its large population below poverty, India's authorities have made faster and more inclusive economic growth the...

Persistent link: https://www.econbiz.de/10005768877