Implications of Migrationon Income and Welfare of Nationals
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Summary:
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.
Series:
Working Paper No. 2002/215
Subject:
Income Income and capital gains taxes Labor Migration National accounts Population and demographics Social security contributions Taxes Wages
English
Publication Date:
December 1, 2002
ISBN/ISSN:
9781451875058/1018-5941
Stock No:
WPIEA2152002
Pages:
31
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