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Macroeconomics of Migration in New Member States

Macroeconomics of Migration in New Member States by Rudolfs Bems
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This paper examines the macroeconomic impact of migration on income convergence in the EU's New Member States (NMS). The paper focuses on cross-border mobility of labor and examines the implications for policymakers with the help of a general equilibrium model. It finds that cross-border labor mobility provides ample benefits in terms of faster and smoother convergence. Challenges, however, include containing wage pressures and better mobilizing and utilizing resident labor that does not cross borders.
International Monetary Fund; December 2008
36 pages; ISBN 9781452774299
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Title: Macroeconomics of Migration in New Member States
Author: Rudolfs Bems; Philip Schellekens
 
ISBNs
1451915756
9781451871227
9781451915754
9781452774299