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economic migration from rural to urban areas within a fast-growing emerging economy. While individuals cannot easily alter …
Persistent link: https://www.econbiz.de/10012518698
Remitances are an important source of external financing in low- and middle-income countries. This paper uses the gravity model to analyze remittance flows in Russia and Caucasus and Central Asia (CCA) countries. Standard gravity determinants, such as GDP in sending and recieiving countries,...
Persistent link: https://www.econbiz.de/10012299334
Macroeconomic costs of conflict are generally very large, with GDP per capita about 28 percent lower ten years after conflict onset. This is overwhelmingly driven by private consumption, which falls by 25 percent ten years after conflict onset. Conflict is also associated with dramatic declines...
Persistent link: https://www.econbiz.de/10012252077
Using bilateral data on migration across US metro areas, we find strong evidence that increasing house price and income … inequality has reduced long distance migration, the type most linked to jobs. For those migrating uphill, from a less to a more … dominate the incentives from higher earnings. By contrast, increasing income inequality drives the fall in downhill migration …
Persistent link: https://www.econbiz.de/10012022044
As China implements reforms under the "new normal," maintaining stability in the labor market is a priority. The country's demography and labor dynamics are changing, after benefitting in past decades from ample cheap labor. So far, the labor market appears to be resilient, even as growth slows,...
Persistent link: https://www.econbiz.de/10011374776
This paper reviews the evidence on how households in Sub-Saharan Africa segment along consumption, income and earning dimensions relevant for quantitative macroeconomic policy models which incorporate heterogeneity. Key findings include the importance of home-grown food in the income and...
Persistent link: https://www.econbiz.de/10014412103
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