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Global Aging Pressures; Impact of Fiscal Adjustment, Policy Cooperation, and Structural Reforms

Kumar, Manmohan S.; Botman, Dennis P. J. - International Monetary Fund (IMF) - 2007

Demographic pressures will materialize in many economies over the next few decades. We examine the macroeconomic impact of alternative fiscal adjustment and structural reform strategies to address these global aging pressures using the IMF's Global Fiscal Model (GFM). The results suggest...

Persistent link: https://www.econbiz.de/10005769258

Alternative Social Security Systems in CIS Countries

Ahmad, Ehtisham; Schneider, Jean-Luc - International Monetary Fund (IMF) - 1993

In the USSR in 1990, social security reforms led to the imposition of a uniform system of benefits in a large and demographically diverse country. This required inter-regional transfers, which are now no longer feasible with the demise of the USSR. Relatively high contribution rates also pose a...

Persistent link: https://www.econbiz.de/10005599581

Altruism and Workers' Remittances; Evidence From Selected Countries in the Middle East and Central Asia

Bouhga-Hagbe, Jacques - International Monetary Fund (IMF) - 2006

Workers' remittances have been playing an increasingly important role in the balance of payments of many countries and can significantly contribute to the strength of their external positions. Assessing the likely stability of remittance flows could be a valuable input to the analysis of their...

Persistent link: https://www.econbiz.de/10005769292

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

A Theory of Workers' Remittances with An Application to Morocco

Bouhga-Hagbe, Jacques - International Monetary Fund (IMF) - 2004

. The model is applied to Morocco using co-integration techniques. The paper then discusses the stability of remittances in …

Persistent link: https://www.econbiz.de/10005825932

Remittances in the Pacific Region

Mineshima, Aiko; Browne, Christopher - International Monetary Fund (IMF) - 2007

Remittances are large and have grown substantially over the past decade in the Pacific region. This primarily reflects the impact of emigration due to low growth and limited employment prospects at home. Many Pacific emigrants settle abroad with their families for long periods, but maintain...

Persistent link: https://www.econbiz.de/10005769049

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

Migration, Human Capital, and Poverty in a Dual-Economy of a Developing Country

Masson, Paul R. - International Monetary Fund (IMF) - 2001

The coexistence of urban and rural poverty and migration to cities is studied in a dual economy model where the … acquisition of skills is costly and involves migration to urban areas. In this model, both the distribution of innate abilities … and the distribution of wealth matter for the migration decision, and costs of backmigration may produce an urban poverty …

Persistent link: https://www.econbiz.de/10005826021

Regional Convergence and the Role of Federal Transfers in Canada

Swagel, Phillip; Dunaway, Steven Vincent; Kaufman, … - International Monetary Fund (IMF) - 2003

significant negative effect on output convergence?by discouraging migration within Canada?the Equalization transfers may have …

Persistent link: https://www.econbiz.de/10005264150

A Model of Multiple Equilibria in Geographic Labor Mobility

Ubeda, Luis; Spilimbergo, Antonio - International Monetary Fund (IMF) - 2002

migration patterns in response to local economic shocks. This approach explains the different behaviors of workers in different … exogenous manner by introducing ex-ante regulations or unemployment benefits. This model can also explain why individuals from …

Persistent link: https://www.econbiz.de/10005264165