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Macroeconomics of Migration in New Member States

Bems, Rudolfs - 2008

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...

Persistent link: https://www.econbiz.de/10014401328

Immigration and employment : substitute versus complementary labor in selected African countries

Viseth, Arina - 2020

This paper uses census and household survey data on Cameroon, Ghana, and South Africa to examine immigration's impact … in the context of a segmented labor market in Sub-Saharan Africa. We find that immigration affects (i) employment (ii … the impact depends on the degree of complementarity between immigrants and native workers' skills. Immigration is found to …

Persistent link: https://www.econbiz.de/10012300611

Three Million Foreigners, Three Million Unemployed? : Immigration and the French Labor Market

Gross, Dominique M. - 1999

and mid-1990s. Using a system of equations for unemployment, labor-force participation, the real wage, and the immigration … that of an increase in domestic labor-force participation. The composition of immigration flows matters, and the proportion …

Persistent link: https://www.econbiz.de/10014401044

Will a Regional Bloc Enlarge?

Albertin, Giorgia - 2007

This paper investigates whether a regional bloc would enlarge or remain stagnant in size using a model where enlargement is the endogenous outcome of the interaction between the supply of and demand for membership. We show that a maximum size of the bloc exists beyond which the regional...

Persistent link: https://www.econbiz.de/10014400446

How Symmetric Are the Shocks and the Shock Adjustment Dynamics Between the Euro Area and Central and Eastern European Countries (CEEC)?

Frenkel, Michael - 2002

In this paper, we use a structural vector autoregression model to identify and compare demand and supply shocks between euro area countries and central and eastern European countries (CEECs). The shocks and the shock adjustment dynamics of these countries are also compared to EU countries that...

Persistent link: https://www.econbiz.de/10014401455

The ECB and Euro-Area Enlargement

Berger, Helge - 2002

The likely enlargement of euro-area membership will radically change the environment under which monetary policy will be made in the euro area. Within less than a decade, the number of member countries in the euro area could more than double, with the vast majority of accession countries being...

Persistent link: https://www.econbiz.de/10014399555

European Union Enlargement and Equity Markets in Accession Countries

Podpiera, Richard - 2005

The announcement of the European Union enlargement coincided with a dramatic rise in stock prices in accession countries. This paper investigates the hypothesis that the rise in stock prices was a result of the repricing of systematic risk due to the integration of accession countries into the...