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Mr. Jesus R Gonzalez-Garcia, Mr. Ermal Hitaj, Mr. Montfort Mlachila, Arina Viseth, and Mustafa Yenice

-Saharan Africans in OECD countries in the next 35 years implies that the rate of migration to OECD countries would increase from 0.6 percent in 2010 to 1.7 percent of SSA population by 2050. By the same token, given the very slow population growth expected for OECD countries, the ratio of SSA migration as share of OECD population would increase six times, from just 0.4 percent in 2010 to 2.4 percent by 2050 ( Figure 11 ). 7 Brain Drain and Brain Gain The loss of educated and productive workers that migrate has been a major topic of study in the migration literature, and

Mai Dao, Davide Furceri, and Mr. Prakash Loungani

Adjustment One major purpose of the paper is to document whether patterns and channels of regional adjustments change over time. Having outlined an estimation framework that is supported by different datasets, we now embark on measuring the dynamic evolution of the estimates over time. Given the same regional shock, how has the propensity to migrate, become unemployed, or drop out of the labor force changed over the last 35 years? We are particularly interested in the evolution of interstate mobility as an adjustment mechanism over the last few decades. The migration

Giang Ho and Ms. Kazuko Shirono
The large influx of migrants to Nordic countries in recent years is challenging the adoptability of Nordic labor market institutions while also adding to potential growth. This paper examines the trends, economic drivers, and labor market implications of migration to Nordic countries with a particular focus on economic migration as distinct from the recent large flows of asylum seekers. Our analysis finds that migration inflows to the Nordics are influenced by both cyclical and structural factors. Although migration helpfully dampens overheating pressures during periods of strong demand, and over the longer term will cushion the decline in labor supply from population aging, in the near-term unemployment can rise, especially among the young and lower-skilled. The analysis highlights the need to adapt Nordic labor market institutions in a manner that better facilitates the integration of migrants into employment. In particular, greater wage flexibility at the firm level and continued strong active labor market measures will help improve labor market outcomes among immigrants.
International Monetary Fund
This Selected Issues paper analyzes the macroeconomic impact of workers’ remittances on Moldova. The paper focuses on Moldova’s labor emigration since the late-1990s using survey data designed to shed light on the economic and social consequences of migration. The survey results are broadly consistent both with the findings from balance-of-payments data and with the stylized facts in the labor migration literature. The paper also examines various indicators to assess the appropriateness of the current exchange rate level.
Ms. Prachi Mishra

Caribbean countries. Figure 9.1 . Labor Demand-Supply Model: Welfare Impact of Emigration The simple labor demand-supply framework suggests that changes in domestic labor supply and wages due to emigration lead to a net welfare reduction (termed an “emigration loss”) for the producers and workers who have stayed behind ( Figure 9.1 ). The welfare loss occurs due to the movement of inframarginal workers (i.e., those who are paid less than their marginal product). The concept is analogous to the idea of immigration surplus that exists in the migration literature

International Monetary Fund

This Selected Issues paper analyzes the macroeconomic impact of workers’ remittances on Moldova. The paper focuses on Moldova’s labor emigration since the late-1990s using survey data designed to shed light on the economic and social consequences of migration. The survey results are broadly consistent both with the findings from balance-of-payments data and with the stylized facts in the labor migration literature. The paper also examines various indicators to assess the appropriateness of the current exchange rate level.

International Monetary Fund

This Selected Issues paper analyzes the macroeconomic impact of workers’ remittances on Moldova. The paper focuses on Moldova’s labor emigration since the late-1990s using survey data designed to shed light on the economic and social consequences of migration. The survey results are broadly consistent both with the findings from balance-of-payments data and with the stylized facts in the labor migration literature. The paper also examines various indicators to assess the appropriateness of the current exchange rate level.

International Monetary Fund

This Selected Issues paper analyzes the macroeconomic impact of workers’ remittances on Moldova. The paper focuses on Moldova’s labor emigration since the late-1990s using survey data designed to shed light on the economic and social consequences of migration. The survey results are broadly consistent both with the findings from balance-of-payments data and with the stylized facts in the labor migration literature. The paper also examines various indicators to assess the appropriateness of the current exchange rate level.

International Monetary Fund

This Selected Issues paper analyzes the macroeconomic impact of workers’ remittances on Moldova. The paper focuses on Moldova’s labor emigration since the late-1990s using survey data designed to shed light on the economic and social consequences of migration. The survey results are broadly consistent both with the findings from balance-of-payments data and with the stylized facts in the labor migration literature. The paper also examines various indicators to assess the appropriateness of the current exchange rate level.

International Monetary Fund

This Selected Issues paper analyzes the macroeconomic impact of workers’ remittances on Moldova. The paper focuses on Moldova’s labor emigration since the late-1990s using survey data designed to shed light on the economic and social consequences of migration. The survey results are broadly consistent both with the findings from balance-of-payments data and with the stylized facts in the labor migration literature. The paper also examines various indicators to assess the appropriateness of the current exchange rate level.