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the macroeconomic determinants of bilateral migration flows. Econometric evidence suggests that labour mobility increases …
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This paper assesses the role of labour mobility in the adjustment to asymmetric economic shocks in the EU. After presenting a series of stylised facts of mobility in the EU, it assesses mobility as a channel of economic adjustment by means of a vector autoregression (VAR) analysis in the vein of...
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quantify risk sharing can be extended to account for migration as an additional channel of cross-country risk sharing. In … theory, migration should play a key role when it comes to insulating per capita consumption from aggregate fluctuations, and … these results, we also present survey evidence which shows that migration rates are about 20 times higher in the US. Lastly …
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