Implications of Migrationon Income and Welfare of Nationals

As labor has become more mobile in today's world, it is important to understand the income and welfare of nationals regardless of their residence. This paper develops two key concepts, gross migration-corrected product (GMP) and welfare cost of migration, and calculates them using New Zealand d...

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Bibliographic Details
Main Author: Ueda, Kenichi
Format: eBook
Language:English
Published: Washington, D.C. International Monetary Fund 2002
Series:IMF Working Papers
Subjects:
Online Access:
Collection: International Monetary Fund - Collection details see MPG.ReNa
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245 0 0 |a Implications of Migrationon Income and Welfare of Nationals  |c Kenichi Ueda 
260 |a Washington, D.C.  |b International Monetary Fund  |c 2002 
300 |a 31 pages 
651 4 |a New Zealand 
653 |a Migration 
653 |a Income 
653 |a Social security 
653 |a Labour; income economics 
653 |a Public finance & taxation 
653 |a International Migration 
653 |a Taxes 
653 |a Wages, Compensation, and Labor Costs: General 
653 |a Migration, immigration & emigration 
653 |a Emigration and immigration 
653 |a Aggregate Factor Income Distribution 
653 |a National accounts 
653 |a Welfare & benefit systems 
653 |a Labor 
653 |a Population and demographics 
653 |a Income and capital gains taxes 
653 |a Macroeconomics 
653 |a Wages 
653 |a Taxation 
653 |a Emigration and Immigration 
653 |a Personal Income and Other Nonbusiness Taxes and Subsidies 
653 |a Income tax 
653 |a Social security contributions 
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520 |a As labor has become more mobile in today's world, it is important to understand the income and welfare of nationals regardless of their residence. This paper develops two key concepts, gross migration-corrected product (GMP) and welfare cost of migration, and calculates them using New Zealand data. Growth performance measured by New Zealanders' income has been clearly better than suggested by the GDP. The welfare cost associated with a marginal change in the tax rate appears quite high