Skufi, Lorena; Papavangjeli, Meri; Gersl, Adam - 2024
Motivated by migration phenomena and wage-inflation spillovers, we investigate the relationship between the two and the … inflationary remittances built-in pressures. We establish a feedback loop between migration and inflation, and specify a simple … monopolistic competition, and state space model for the natural unemployment rate. Our estimates suggest that overshooting …