During the last few decades the world has experienced an unprecedented level of cross-border migration. While this has generated significant socio-economic gains for host countries, as well as sometimes for the countries of origin, the costs and benefits involved are unevenly distributed....

Conventional unemployment rate measures tend to overestimate the degree of labor underutilization if unemployment disproportionately affects less educated and generally less productive workers. Based on index number theory as well as on econometric techniques, this article proposes a number of...