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Labor mobility and fiscal policy in a currency union
Baglioni, Angelo; Boitani, Andrea; Bordignon, Massimo - 2014
Labor mobility is commonly taken as a property of an optimal currency area. But how does that property affect the outcome of fiscal policies? We address this issue with a two country - two period model, where both asymmetric and symmetric productivity shocks may hit the countries. We show that...
Persistent link: https://www.econbiz.de/10011774372
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Labor mobility and fiscal policy in a currency union
Baglioni, Angelo; Boitani, Andrea; Bordignon, Massimo - 2015
Labor mobility is commonly taken as a property of an optimal currency area. But how does that property affect the outcome of fiscal policies? In our model, we show that perfect (costless) labour mobility is not necessarily welfare improving, since it prevents the national fiscal authorities from...
Persistent link: https://www.econbiz.de/10010471847
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Migration and jobs : issues for the 21st century
Christiaensen, Luc J.; Gonzalez, Alvaro; Robalino … - 2019
local, regional, and foreign markets; (2) remittances and investment subsidies to promote job creation and labor …
Persistent link: https://www.econbiz.de/10012051822
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State of migration in Nepal
Sharma, Shanjay; Pandey, Shibani; Pathak, Dinesh; … - 2014
Persistent link: https://www.econbiz.de/10011429032
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Taxing pensions of an internationally mobile labor force : portability issues and taxation options
Holzmann, Robert - 2016 - Final Draft, as of December 29, 2015, revised paper
There is a rising share of individuals spending at least some part of their working life abroad and acquiring pension rights. While the portability of pensions and other social benefits has received some analytical attention over the recent decade there is currently limited analytical guidance...
Persistent link: https://www.econbiz.de/10011416036
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A small open economy DSEG model with workers' remittance
Rehman, Muhammad; Khan, Sajawal; Hayat, Zafar - 2017
Persistent link: https://www.econbiz.de/10011623282
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Monetary and exchange rate policy under remittance fluctuations
Mandelman, Federico S. - 2011
to financial markets and test whether remittances are countercyclical and serve as an insurance mechanism against … secular increase in the trend growth of remittances and random cyclical fluctuations around this trend. In a purely … households facing an increasing trend for remittances. A flexible floating regime is preferred when unanticipated shocks driving …
Persistent link: https://www.econbiz.de/10008909031
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Emerging market business cycles with remittance fluctuations
Durdu, Ceyhun Bora; Sayan, Serdar - 2008
Persistent link: https://www.econbiz.de/10009269049
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Remittances, inflation and exchange rate regimes in small open economies
Ball, Christopher P.; Cruz-Zuniga, Martha; Lopez, Claude; … - 2008
Persistent link: https://www.econbiz.de/10003732594
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A small open economy model with remittances: evidence from Armenian economy
Stepanyan, Ara (contributor); Tevosyan, Anahit (contributor) - 2008
Persistent link: https://www.econbiz.de/10003752566