The Nordic Labor Market and Migration /

The large influx of migrants to Nordic countries in recent years is challenging the adoptability of Nordic labor market institutions while also adding to potential growth. This paper examines the trends, economic drivers, and labor market implications of migration to Nordic countries with a particul...

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Bibliografiske detaljer
Hovedforfatter: Ho, Giang
Andre forfattere: Shirono, Kazuko
Format: Tidsskrift
Sprog:English
Udgivet: Washington, D.C. : International Monetary Fund, 2015.
Serier:IMF Working Papers; Working Paper ; No. 2015/254
Online adgang:Full text available on IMF
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245 1 4 |a The Nordic Labor Market and Migration /  |c Giang Ho, Kazuko Shirono. 
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300 |a 1 online resource (45 pages) 
490 1 |a IMF Working Papers 
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506 |a Electronic access restricted to authorized BRAC University faculty, staff and students 
520 3 |a The large influx of migrants to Nordic countries in recent years is challenging the adoptability of Nordic labor market institutions while also adding to potential growth. This paper examines the trends, economic drivers, and labor market implications of migration to Nordic countries with a particular focus on economic migration as distinct from the recent large flows of asylum seekers. Our analysis finds that migration inflows to the Nordics are influenced by both cyclical and structural factors. Although migration helpfully dampens overheating pressures during periods of strong demand, and over the longer term will cushion the decline in labor supply from population aging, in the near-term unemployment can rise, especially among the young and lower-skilled. The analysis highlights the need to adapt Nordic labor market institutions in a manner that better facilitates the integration of migrants into employment. In particular, greater wage flexibility at the firm level and continued strong active labor market measures will help improve labor market outcomes among immigrants. 
538 |a Mode of access: Internet 
700 1 |a Shirono, Kazuko. 
830 0 |a IMF Working Papers; Working Paper ;  |v No. 2015/254 
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