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The coexistence of urban and rural poverty and migration to cities is studied in a dual economy model where the … acquisition of skills is costly and involves migration to urban areas. In this model, both the distribution of innate abilities … and the distribution of wealth matter for the migration decision, and costs of backmigration may produce an urban poverty …
Persistent link: https://www.econbiz.de/10005826021
Remittances are large and have grown substantially over the past decade in the Pacific region. This primarily reflects the impact of emigration due to low growth and limited employment prospects at home. Many Pacific emigrants settle abroad with their families for long periods, but maintain...
Persistent link: https://www.econbiz.de/10005769049
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
significant negative effect on output convergence?by discouraging migration within Canada?the Equalization transfers may have …
Persistent link: https://www.econbiz.de/10005264150
migration patterns in response to local economic shocks. This approach explains the different behaviors of workers in different … exogenous manner by introducing ex-ante regulations or unemployment benefits. This model can also explain why individuals from …
Persistent link: https://www.econbiz.de/10005264165
This paper discusses Albania’s Second and Third Reviews Under the Extended Arrangement and Request for Waiver for the Nonobservance of Performance Criterion, Waiver of Applicability of PCs, and Rephasing of Future Disbursements. The program is on track. All end-June, end-September, and...
Persistent link: https://www.econbiz.de/10011242756
KEY ISSUES Background: On February 28, the Executive Board approved a three-year Extended Arrangement with access of SDR 295.42 million (492.4 percent of quota). A purchase of SDR 23.55 million (about EUR 26.4 million) was made in April 2014, and another will be made in the same amount upon...
Persistent link: https://www.econbiz.de/10011243295
Despite a stern global financial crisis and fiscal imbalances within the country, Albania's prudent policies supported …
Persistent link: https://www.econbiz.de/10011245304
This paper discusses the Financial System Stability Assessment report on Albania. The IMF report states that the …
Persistent link: https://www.econbiz.de/10011245313
This 2013 Article IV Consultation for Albania focuses on economic developments and policies that have led to weakening …
Persistent link: https://www.econbiz.de/10011245658