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Low-skilled labor migration in Tajikistan : determinants and effects on expenditure patterns
Meier, Kristina - 2014
It is often assumed that international labor migration from Tajikistan, while having no noticeable effects on … the migration decision is developed and tested empirically. In a second step, the effect of low-skilled labor migration on … household expenditure shares is analyzed using 2SLS. While only weak effects of migration measured by a simple dummy are visible …
Persistent link: https://www.econbiz.de/10010457933
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The impact of worker effort on public sentiment towards temporary migrants
Epstein, Gil S.; Venturini, Alessandra - 2011
Temporary and circular migration programs have been devised by many destination countries and supported by the European … additional reason for proposing temporary migration policies based on the characteristics of the foreign labor-effort supply. The … when temporary migration policies are adopted. -- Migration ; Exertion of effort ; Contracted Temporary Migration …
Persistent link: https://www.econbiz.de/10008990097
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Unconventional fiscal policy in HANK
Seidl, Hannah; Seyrich, Fabian - 2021
In HANK, we show that fiscal policy is an appropriate macroeconomic stabilization tool at the ZLB. Fiscal policy achieves the same macroeconomic aggregates and the same welfare as hypothetically unconstrained monetary policy by replicating its transmission mechanism. Consumption taxes and labor...
Persistent link: https://www.econbiz.de/10012549562
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Durable consumption, limited VAT pass-through and stabilization effects of temporary VAT changes
Clemens, Marius; Röger, Werner - 2022
This paper revives the question of whether a temporary VAT change is an adequate instrument for crisis stabilization. In empirical assessments, we find that durable goods consumption fluctuates strongly over the business cycle and that VAT rate changes affect durable goods in particular....
Persistent link: https://www.econbiz.de/10013198802
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Unconventional fiscal policy in HANK
Seidl, Hannah; Seyrich, Fabian - 2021 - This version: August 10, 2022
We show that in a New Keynesian model with household heterogeneity, fiscal policy can be a perfect substitute for monetary policy: three simple conditions for consumption taxes, labor taxes, and the government debt level are sufficient to induce the same consumption and labor supply of each...
Persistent link: https://www.econbiz.de/10013342046
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Emigration and Brain Drain; Evidence From the Caribbean
Mishra, Prachi - International Monetary Fund (IMF) - 2006
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 … world's largest recipient of remittances as a percent of GDP. Remittances constituted about 13 percent of the region's GDP …
Persistent link: https://www.econbiz.de/10005248304
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Do the Gulf Oil-Producing Countries Influence Regional Growth? T+L3886he Impact of Financial and Remittance Flows
Ilahi, Nadeem; Shendy, Riham - International Monetary Fund (IMF) - 2008
This paper tests the association between the Gulf Cooperation Council (GCC) countries' financial and remittance outflows and regional growth in the Middle East. The findings, based on 35-year panel data, indicate that growth rates of real GDP, private consumption and private investment in...
Persistent link: https://www.econbiz.de/10005263780
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Business Cycles and Workers' Remittances; How Do Migrant Workers Respond to Cyclical Movements of GDP At Home?
Sayan, Serdar - International Monetary Fund (IMF) - 2006
Workers' remittances are often argued to have a tendency to move countercyclically with the GDP in recipient countries …' remittances flows into 12 developing countries over their respective business cycles during 1976-2003 and finds that …
Persistent link: https://www.econbiz.de/10005263962
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Are Foreign Aid and Remittance Inflows a Hedge Against Food Price Shocks?
International Monetary Fund (IMF); International … - 2012
This paper explores the role of foreign aid and remittance inflows in the mitigation of the effects of food price shocks. Using a large sample of developing countries and mobilising dynamic panel data specifications, the econometric results yield two important findings. First, remittance and aid...
Persistent link: https://www.econbiz.de/10009654140
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Remittances in Pakistan; Why have they gone up, and why Aren't they coming down?
Sun, Yan; Kock, Udo - International Monetary Fund (IMF) - 2011
migration; (ii) higher skill levels of migrating workers have helped to boost remittances; (iii) other imporant determinants of …The flow of workers' remittances to Pakistan has more than quadrupled in the last eight years and it shows no sign of … conclusions are: (i) the growth in the inflow of workers' remittances to Pakistan is in large part due to an increase in worker …
Persistent link: https://www.econbiz.de/10009293774