Showing 1 - 10 of 173
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
estimate the dynamic response of regional employment, unemployment, participation rates and net migration to state …-relative labor demand shocks. We find that (i) the long-run effect of a state-specific shock on the state employment level has … decreased over time, suggesting less overall net migration in response to a regional shock, (ii) the role of the participation …
Persistent link: https://www.econbiz.de/10010790322
The United Kingdom allowed workers from the ten new European Union member countries immediate access to its labor market after the accession in 2004. This paper uses a general equilibrium framework to explore the dynamic adjustment of the UK economy to the postaccession surge in immigration....
Persistent link: https://www.econbiz.de/10005605180
In the last decade Cape Verde has experienced a strong accumulation of emigrant deposits. These deposits have provided much needed foreign exchange to the country, adding support to the exchange rate peg. This paper studies the long-run determinants of emigrant deposits with respect to risk,...
Persistent link: https://www.econbiz.de/10005825682
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
The paper seeks to assess the macroeconomic implications of large-scale inward remittances for a small open economy. By including remittances in several standard models, the paper concludes that the overall macroeconomic impact of remittances is likely to be ambiguous. The impact depends on the...
Persistent link: https://www.econbiz.de/10005826166
out-migration in SSA. …
Persistent link: https://www.econbiz.de/10005826522
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
This paper finds a negative relationship between the employment share of the service sector and the volatility of …
Persistent link: https://www.econbiz.de/10011142123
Wide-ranging structural reforms are underway in Italy, aimed at addressing key bottlenecks in the product and labor markets. Our analysis, based on the IMF‘s Global Integrated Monetary and Fiscal model (GIMF), attempts to quantify the potential gains to the economy from a comprehensive...
Persistent link: https://www.econbiz.de/10011142132