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New Zealand: Selected Issues
Author:
International Monetary Fund
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Series:
IMF Staff Country Reports
Volume/Issue:
Volume 2005: Issue 153
Language:
English
Publication Date:
05 May 2005
DOI:
https://doi.org/10.5089/9781451830309.002
ISBN:
9781451830309
ISSN:
1934-7685
Pages:
48
Keywords:
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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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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Cover IMF Staff Country Reports
IMF Staff Country Reports
ISSN:
1934-7685
Publisher:
International Monetary Fund