Showing 1 - 10 of 185
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
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
The U.S. labor force participation rate (LFPR) fell dramatically following the Great Recession and has yet to start recovering. A key question is how much of the post-2007 decline is reversible, something which is central to the policy debate. The key finding of this paper is that while around...
Persistent link: https://www.econbiz.de/10011242381
We study the role of uncertainty shocks in explaining unemployment dynamics, separating out the role of aggregate and … measure aggregate and sectoral uncertainty and compare their effects on the unemployment rate in a standard macroeconomic … vector autoregressive (VAR) model. We find that aggregate uncertainty leads to an immediate increase in unemployment, with …
Persistent link: https://www.econbiz.de/10011242392
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 … in 2002. Simple welfare calculations suggest that the losses due to high-skill migration (ceteris paribus) outweigh the …
Persistent link: https://www.econbiz.de/10005248304
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
Workers' remittances are often argued to have a tendency to move countercyclically with the GDP in recipient countries since migrant workers are expected to remit more during down cycles of economic activity back home. Yet, how much to remit is a complex decision involving other factors, and...
Persistent link: https://www.econbiz.de/10005263962