New Zealand: Selected Issues

International Monetary Fund

No 2005/153, IMF Staff Country Reports from International Monetary Fund

Abstract: 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.

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 (search for similar items in EconPapers)
Pages: 48
Date: 2005-05-05
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