Macroeconomics of Migration in New Member States

December 1, 2008

Preview Citation

Format: Chicago

Rudolfs Bems, and Philip Schellekens. Macroeconomics of Migration in New Member States, (USA: International Monetary Fund, 2008) accessed September 19, 2024

Disclaimer: This Working Paper should not be reported as representing the views of the IMF.The views expressed in this Working Paper are those of the author(s) and do not necessarily represent those of the IMF or IMF policy. Working Papers describe research in progress by the author(s) and are published to elicit comments and to further debate

Summary

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.

Subject: Labor, Labor flows, Labor markets, Labor mobility, Productivity

Keywords: Labor market, WP

Publication Details

Pages:

36
Volume:

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DOI:

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Issue:

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Series:

Working Paper No. 2008/264
Stock No:

WPIEA2008264
ISBN:

9781451871227
ISSN:

1018-5941

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