Regional Labor Mobility in Finland

Regional Labor Mobility in Finland
Author: Mr.Tigran Poghosyan
Publisher: International Monetary Fund
Total Pages: 36
Release: 2018-11-29
Genre: Business & Economics
ISBN: 1484387198

This paper analyzes regional labor mobility in Finland using two complementary empirical approaches: a VAR proposed by Blanchard and Katz (1992) and a gravity model. The results point to a relatively limited regional labor mobility in Finland compared to the U.S. and to EU peers. The limited regional labor mobility is associated with persistent unemployment differentials across regions. Some impediments to regional labor mobility are exogenous, such as large geographical distances across regions and relatively sparse population density, and explain about 23 percent of the variation in labor mobility. Others can be influenced by policy, such as further increase in wage flexibiltiy and reduction of housing costs. These impediments explain about 60 percent of the variation in labor mobility. Greater regional labor mobility could help reduce regional unemployment differentials, improve job matching efficiency, and remove pressures from regional fiscal redistribution.

Moving for Prosperity

Moving for Prosperity
Author: World Bank
Publisher: World Bank Publications
Total Pages: 407
Release: 2018-06-14
Genre: Business & Economics
ISBN: 1464812829

Migration presents a stark policy dilemma. Research repeatedly confirms that migrants, their families back home, and the countries that welcome them experience large economic and social gains. Easing immigration restrictions is one of the most effective tools for ending poverty and sharing prosperity across the globe. Yet, we see widespread opposition in destination countries, where migrants are depicted as the primary cause of many of their economic problems, from high unemployment to declining social services. Moving for Prosperity: Global Migration and Labor Markets addresses this dilemma. In addition to providing comprehensive data and empirical analysis of migration patterns and their impact, the report argues for a series of policies that work with, rather than against, labor market forces. Policy makers should aim to ease short-run dislocations and adjustment costs so that the substantial long-term benefits are shared more evenly. Only then can we avoid draconian migration restrictions that will hurt everybody. Moving for Prosperity aims to inform and stimulate policy debate, facilitate further research, and identify prominent knowledge gaps. It demonstrates why existing income gaps, demographic differences, and rapidly declining transportation costs mean that global mobility will continue to be a key feature of our lives for generations to come. Its audience includes anyone interested in one of the most controversial policy debates of our time.

Regional Labor Mobility in Spain

Regional Labor Mobility in Spain
Author: Lucy Qian Liu
Publisher: International Monetary Fund
Total Pages: 31
Release: 2018-12-13
Genre: Business & Economics
ISBN: 1484392396

This paper studies the main factors that explain the low regional mobility in Spain, with a view to identifying policy options at the regional and central level to promote labor mobility. The empirical analysis finds that house prices, labor market conditions, and the pervasiveness of labor market duality at the regional level are the main determinants for Spain’s regional mobility, while labor market institutions and policies play an important role at the national level. Policies that facilitate wage setting flexibility and reduce labor market duality could help enhance the functioning of the labor market, thereby promoting labor mobility. There may be also room for policies to incentivize people to move and provide support through targeted active labor market policies.

Graduate Migration and Regional Development

Graduate Migration and Regional Development
Author: Jonathan Corcoran
Publisher: Edward Elgar Publishing
Total Pages: 267
Release: 2017-05-26
Genre: Business & Economics
ISBN: 1784712167

This book aims to integrate and augment current state-of-the-art knowledge on graduate migration and its role in local economic development. Comprising the key scholars working in the field, it draws together an international series of case studies on graduate migration, a recognised critical component of the global pool of labour. Each chapter describes empirically founded approaches to examining the role and characteristics of graduate migration in differing situational contexts, highlighting issues concerning government policy, data and methods.

OECD Fiscal Federalism Studies Bricks, Taxes and Spending Solutions for Housing Equity across Levels of Government

OECD Fiscal Federalism Studies Bricks, Taxes and Spending Solutions for Housing Equity across Levels of Government
Author: OECD
Publisher: OECD Publishing
Total Pages: 222
Release: 2023-10-26
Genre:
ISBN: 9264464948

This report addresses housing inequities through a series of analytical chapters and case studies. The cross-country chapters examine the effects of the COVID-19 pandemic on housing demand, develop a proposal for a green land value tax, evaluate the dynamics between fiscal autonomy and housing supply responsiveness, as well as explore the drivers of inter-regional migration.

Let Their People Come

Let Their People Come
Author: Lant Pritchett
Publisher: Brookings Institution Press
Total Pages: 116
Release: 2006-09-15
Genre: Business & Economics
ISBN: 1944691065

In Let Their People Come, Lant Pritchett discusses five "irresistible forces" of global labor migration, and the "immovable ideas" that form a political backlash against it. Increasing wage gaps, different demographic futures, "everything but labor" globalization, and the continued employment growth in low skilled, labor intensive industries all contribute to the forces compelling labor to migrate across national borders. Pritchett analyzes the fifth irresistible force of "ghosts and zombies," or the rapid and massive shifts in desired populations of countries, and says that this aspect has been neglected in the discussion of global labor mobility. Let Their People Come provides six policy recommendations for unskilled immigration policy that seek to reconcile the irresistible force of migration with the immovable ideas in rich countries that keep this force in check. In clear, accessible prose, this volume explores ways to regulate migration flows so that they are a benefit to both the global North and global South.

Finland

Finland
Author: International Monetary Fund. European Dept.
Publisher: International Monetary Fund
Total Pages: 63
Release: 2019-01-16
Genre: Business & Economics
ISBN: 148439349X

Recent growth has been healthy, and the unemployment rate has fallen to its lowest level since 2011. However, some underlying weaknesses remain. The rate in which new jobs are created and the “churn” of workers relocating across jobs has not picked up with the recovery, labor productivity growth remains weak, and the outlook for potential growth is constrained by a shrinking workforce. Household debt has been increasing as the economy has recovered, and some borrowers appear vulnerable to interest rate increases.

Internal Labor Mobility in Central Europe and the Baltic Region

Internal Labor Mobility in Central Europe and the Baltic Region
Author: Pierella Paci
Publisher: World Bank Publications
Total Pages: 102
Release: 2007
Genre: Law
ISBN: 0821370901

Large regional disparities in labor market indicators exist in Central Europe and the Baltic region. Such disparities appear to be persistent over time indicating, in part, a lack of flexibility in the prevailing adjustment mechanisms. Internal labor mobility is often seen as an important instrument to reduce adjustment costs when other mechanisms fail. Drawing from a variety of data sources and utilizing a common empirical framework and estimation strategy, this study identifies patterns and statistical profiles of geographical mobility. It finds internal migration to be generalily low and highly concentrated among better-educated, young, and single workers. This suggests that migration is more likely to reinforce existing inequalities than to act as an equalizing phenomenon. By way of contrast, commuting flows have grown over time and are more responsive to regional economic differentials. The findings suggest the need for appropriate and country-tailored policy measures designed to increase the responsiveness of labor flows to market conditions.

New Frontiers in Interregional Migration Research

New Frontiers in Interregional Migration Research
Author: Bianca Biagi
Publisher: Springer
Total Pages: 257
Release: 2018-04-30
Genre: Business & Economics
ISBN: 3319758861

This book focuses on the latest advances and challenges in interregional migration research. Given the increase in the availability of "big data" at a finer spatial scale, the book discusses the resulting new challenges for researchers in interregional migration, especially for regional scientists, and the theoretical and empirical advances that have been made possible. In presenting these findings, it also sheds light on the different migration drivers and patterns in the developed and developing world by comparing different regions around the globe. The book updates and revisits the main academic debates in interregional migration, and presents new emerging lines of investigation and a forward-looking research agenda.