In the study, the relevance of several optimum-currency-area (OCA) criteria is formally worked out in a welfare approach. The optimum monetary-policy rules of the supranational central bank are derived within the Barro-Gordon framework, and consideration is given to how the welfare of the member...

A very prominent instrument of regional policy is to foster education and human capital for-mation in economically lagging regions. However, this type of regional policy might actually hurt instead of help the recipient areas. The reason is that individual geographical mobility increases with...

In the context of the process of construction of a single labour market in the Economic Union, one of the greatest problems is the existence of certain levels of structural unemployment. From this point of view, the imbalance between the qualification characteristics of work supply and demand as...

We find that nearly 60 percent of the highly educated individuals in natural science, technology and manufacturing and health and medicine don't stay in their region of education and they have an average income that is higher than those that stay. In this paper we explore the relocation pattern...

The paper addresses the link between productivity and labour mobility. The hypothesis tested is that technology is transmitted across industries through the movement of skilled workers embodying human capital. The embodied knowledge is then diffused within the new environment creating spillovers...

This paper assesses macroeconomic determinants of labour mobility and its role in the adjustment to asymmetric shocks. First, the paper develops stylised facts of mobility at the national and sub-national levels in the EU. Then, it explores the macroeconomic determinants of bilateral migration...

This study is part of the project entitled Costs and Benefits of Labour Mobility between the EU and the Eastern Partnership Countries for the European Commission1. The study was written by Luca Barbone (CASE) Mikhail Bonch- Osmolovskiy (CASE) and Matthias Luecke (Kiel). It is based on the six...

The goal of the paper is to provide viewpoints to labour mobility development in the Western Balkans and in Macedonia in particular, since it would be one of the advantages of joining the European Union. The EU integration process of the Western Balkans opens up new dimensions for labour...

Regional unemployment differentials among Italian regions have widened since the mid 1980s, especially between the leading Northern and Central areas and the underdeveloped South. We suggest that the following elements are important to explain the observed phenomenon: a) employment performance...