New Zealand: Selected Issues
Volume/Issue:
Volume 2005
Issue 153
Publication date: May 2005
ISBN: 9781451830309
$20.00
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Topics covered in this book
This title contains information about the following subjects.
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Labor , Economics- Macroeconomics , Demography , Emigration and Immigration , ISCR , CR , OECD labor market Data , , interest rate , consumer spending , productivity , migration inflow , OECD labor market data , boosting productivity , household debt , OECD standard , Migration , Aging , Exchange rates , Consumption , Australia and New Zealand
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Summary
This Selected Issues paper analyzes the effect of international migration on unemployment in New Zealand. The empirical results in this paper suggest that net migration inflows give rise to a fall in the unemployment rate. The paper estimates a system of equations including the unemployment rate, real wage, net migration rate, and labor force participation rate, taking into account the interdependence of the variables. It also examines the impact of exchange rate volatility on export firms’ decisions to hedge foreign exchange exposure.
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