This paper focuses on the susceptibility of geographical labour mobility to act as an adjustment mechanism in the Area and tries to estimate the short-run responses of migration to unemployment rates and incomes in Germany, France and Spain, during the last decade

This paper assesses the nature and correlation of shocks in Visegrad countries and investigates the role of labour mobility in the process of adjustment to the effects of asymmetric shocks. Structural vector autoregression (SVAR) models are employed to assess the nature and correlation of shocks...