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Macroeconomics of Migration in New Member States / / Rudolfs Bems, Philip Schellekens



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Autore: Bems Rudolfs Visualizza persona
Titolo: Macroeconomics of Migration in New Member States / / Rudolfs Bems, Philip Schellekens Visualizza cluster
Pubblicazione: Washington, D.C. : , : International Monetary Fund, , 2008
Edizione: 1st ed.
Descrizione fisica: 1 online resource (38 p.)
Disciplina: 304.80947
Soggetto topico: Convergence (Economics) - Europe, Eastern - Econometric models
Equilibrium (Economics) - Econometric models
Labor mobility - Europe, Eastern - Econometric models
Labor
Macroeconomics
Production and Operations Management
Labor Economics: General
Geographic Labor Mobility
Immigrant Workers
Demand and Supply of Labor: General
Labor Turnover
Vacancies
Layoffs
Macroeconomics: Production
Labour
income economics
Labor mobility
Labor markets
Labor flows
Productivity
Labor economics
Labor market
Industrial productivity
Soggetto geografico: Europe, Eastern Emigration and immigration Econometric models
Romania
Altri autori: SchellekensPhilip  
Note generali: Description based upon print version of record.
Nota di bibliografia: Includes bibliographical references.
Nota di contenuto: Contents; 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
Case 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
... 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
Sommario/riassunto: This 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.
Titolo autorizzato: Macroeconomics of Migration in New Member States  Visualizza cluster
ISBN: 1-4623-5074-7
1-4527-7429-3
1-4518-7122-8
9786612842153
1-282-84215-3
Formato: Materiale a stampa
Livello bibliografico Monografia
Lingua di pubblicazione: Inglese
Record Nr.: 9910826442703321
Lo trovi qui: Univ. Federico II
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Serie: IMF Working Papers; Working Paper ; ; No. 2008/264