Macroeconomics of Migration in New Member States
AbstractThis 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.
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Bibliographic InfoPaper provided by International Monetary Fund in its series IMF Working Papers with number 08/264.
Date of creation: 01 Dec 2008
Date of revision:
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This paper has been announced in the following NEP Reports:
- NEP-ALL-2009-01-03 (All new papers)
- NEP-EEC-2009-01-03 (European Economics)
- NEP-LAB-2009-01-03 (Labour Economics)
- NEP-MAC-2009-01-03 (Macroeconomics)
- NEP-MIG-2009-01-03 (Economics of Human Migration)
- NEP-TRA-2009-01-03 (Transition Economics)
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