LEADER 04158nam 2200685 450 001 9910464250403321 005 20170821160745.0 010 $a1-4623-5074-7 010 $a1-4527-7429-3 010 $a1-4518-7122-8 010 $a9786612842153 010 $a1-282-84215-3 035 $a(CKB)3170000000055159 035 $a(EBL)1608095 035 $a(SSID)ssj0000944166 035 $a(PQKBManifestationID)11518478 035 $a(PQKBTitleCode)TC0000944166 035 $a(PQKBWorkID)10982653 035 $a(PQKB)10740997 035 $a(OCoLC)762412461 035 $a(MiAaPQ)EBC1608095 035 $a(EXLCZ)993170000000055159 100 $a20140227h20082008 uy 0 101 0 $aeng 135 $aur|n|---||||| 181 $ctxt 182 $cc 183 $acr 200 10$aMacroeconomics of migration in new member states /$fRudolfs Bems and Philip Schellekens 210 1$a[Washington, District of Columbia] :$cInternational Monetary Fund,$d2008. 210 4$dİ2008 215 $a1 online resource (38 p.) 225 1 $aIMF Working Papers 225 0$aIMF working paper ;$vWP/08/264 300 $aDescription based upon print version of record. 311 $a1-4519-1575-6 320 $aIncludes bibliographical references. 327 $aContents; I. Introduction; II. Cross-Border Labor Flows; Tables; 1. New Member States: Net Migration Rates, 1992-2007; 2. Largest Source Countries for Immigration in OECD European Countries, 2000 and 2005..; Figures; 1. Residents from the NMS-8 in the EU-15, 2000-2006; III. A General Equilibrium Model with Labor Mobility; 2. New Member States: Income per Capita Relative to EU-27, 2000 and 2007; A. Model Setup; Consumer Problem; Producer Problems; Aggregate Resource Constraints; B. Definition of Equilibrium; C. Characterization of Equilibrium; Functional Forms and Parameterization 327 $aCase 1: Impact of Cross-Border Labor Mobility on Convergence3. Parameter Values and Initial Conditions; 3. Simulations with Minimal Factor Adjustment Costs; Case 2: Impact When Adjustment Costs are Large; 4. Simulations with Larger Factor Adjustment Costs; Case 3: Pace of Productivity Convergence and the Boom and Bust Cycle; 5. Response of Cross-Border Labor Flows to Selected Convergence Scenarios; IV. Policy Challenges; A. Managing Volatility; Symptoms of Overheating; 6. New Member States: Real Wage Developments, 2004-2008:Q1; 7. New Member States: Job Vacancy Rates, 2005-07 327 $a... Or Business As Usual?Labor Mobility's Cushioning Role; Demand-Management Policies; B. Fostering Growth; Mobilizing Labor Supply and Employment; 8. New Member States: Employment Rate, 2000-07; 9. New Member States: Unemployment Rate, 2000-08; Reducing Labor Market Mismatches; V. Conclusion; References 330 $aThis paper examines the macroeconomic impact of migration on income convergence in the EU's New Member States (NMS). The paper focuses on cross-border mobility of labor and examines the implications for policymakers with the help of a general equilibrium model. It finds that cross-border labor mobility provides ample benefits in terms of faster and smoother convergence. Challenges, however, include containing wage pressures and better mobilizing and utilizing resident labor that does not cross borders. 410 0$aIMF Working Papers 606 $aConvergence (Economics)$zEurope, Eastern$xEconometric models 606 $aEquilibrium (Economics)$xEconometric models 606 $aLabor mobility$zEurope, Eastern$xEconometric models 607 $aEurope, Eastern$xEmigration and immigration$xEconometric models 608 $aElectronic books. 615 0$aConvergence (Economics)$xEconometric models. 615 0$aEquilibrium (Economics)$xEconometric models. 615 0$aLabor mobility$xEconometric models. 676 $a304.80947 700 $aBems$b Rudolfs$0893809 701 $aSchellekens$b Philip$0125480 801 0$bMiAaPQ 801 1$bMiAaPQ 801 2$bMiAaPQ 906 $aBOOK 912 $a9910464250403321 996 $aMacroeconomics of migration in new member states$92224305 997 $aUNINA