Zsoka Koczan's Books

Migration and Remittances in Latin America and the Caribbean

Engines of Growth and Macroeconomic Stabilizers?

By: Ms.Kimberly Beaton,Ms.Svetlana Cerovic,Misael Galdamez,Metodij Hadzi-Vaskov,Franz Loyola,Zsoka Koczan,Mr.Bogdan Lissovolik,Mr.Jan Kees Martijn,Ms.Yulia Ustyugova,Joyce Wong

Write a review Read reviews Take a Quiz Solve Book Puzzle

Migration and Remittances in Latin America and the Caribbean

Engines of Growth and Macroeconomic Stabilizers?

By: Ms.Kimberly Beaton,Ms.Svetlana Cerovic,Misael Galdamez,Metodij Hadzi-Vaskov,Franz Loyola,Zsoka Koczan,Mr.Bogdan Lissovolik,Mr.Jan Kees Martijn,Ms.Yulia Ustyugova,Joyce Wong

Outward migration has been an important phenomenon for countries in Latin American and the Caribbean (LAC), particularly those in Central America and the Caribbean. This paper examines recent trends in outward migration from and remittances to LAC, as well as their costs and benefits. For the home country, the negative impact from emigration on labor resources and productivity seems to outweigh growth gains from remittances, notably for the Caribbean. However, given emigration, remittance flows play key financing and stabilizing roles in Central America and the Caribbean. They facilitate private consumption smoothing, support financial sector stability and fiscal revenues, and help reduce poverty and inequality, without strong evidence for harmful competitiveness effects through shifts in the real exchange rate.

Average ratings

N/A

Write a review

Solve jigsaw puzzle

Age

Page Count

Publisher

International Monetary Fund

Published Date

ISBN 10

1484306260

ISBN 13

9781484306260

The Impact of International Migration on Inclusive Growth: A Review

By: International Monetary Fund

Write a review Read reviews Take a Quiz Solve Book Puzzle

The Impact of International Migration on Inclusive Growth: A Review

By: International Monetary Fund

International migration is an important channel of material improvement for individuals and their offspring. The movement of people across country borders, especially from less developed to richer countries, has a substantial impact in several dimensions. First, it affects the migrants themselves by allowing them to achieve higher income as a result of their higher productivity in the destination country. It also increases the expected income for their offspring. Second, it affects the destination country through the impact on labor markets, productivity, innovation, demographic structure, fiscal balance, and criminality. Third, it can have a significant impact on the countries of origin. It may lead to loss of human capital, but it also creates a flow of remittances and increases international connections in the form of trade, FDI, and technological transfers. This paper surveys our understanding of how migration affects growth and inequality through the impact on migrants themselves as well as on the destination and origin countries.

Average ratings

N/A

Write a review

Solve jigsaw puzzle

Age

Page Count

Publisher

International Monetary Fund

Published Date

ISBN 10

1513571966

ISBN 13

9781513571966

Work In Progress

Improving Youth Labor Market Outcomes in Emerging Market and Developing Economies

By: Mr.JaeBin Ahn,Zidong An,Mr.John C Bluedorn,Gabriele Ciminelli,Zsoka Koczan,Mr.Davide Malacrino,Daniela Muhaj,Patricia Neidlinger

Write a review Read reviews Take a Quiz Solve Book Puzzle

Work In Progress

Improving Youth Labor Market Outcomes in Emerging Market and Developing Economies

By: Mr.JaeBin Ahn,Zidong An,Mr.John C Bluedorn,Gabriele Ciminelli,Zsoka Koczan,Mr.Davide Malacrino,Daniela Muhaj,Patricia Neidlinger

Economic development and growth depend on a country’s young people. With most of their working life ahead of them they make up about a third of the working-age population in the typical emerging market and developing economy. But the youth in these economies face a daunting labor market—about 20 percent of them are neither employed, in school, nor in training (the youth inactivity rate). This is double the share in the average advanced economy. Were nothing else to change, bringing youth inactivity in these economies down to what it is in advanced economies and getting those inactive young people into new jobs would have a striking effect. The working-age employment rate in the average emerging market and developing economy would rise more than 3 percentage points, and real output would get a 5 percent boost.

Average ratings

N/A

Write a review

Solve jigsaw puzzle

Age

Page Count

Publisher

International Monetary Fund

Published Date

ISBN 10

1484393902

ISBN 13

9781484393901

Still Attached? Are Social Safety Nets Working? Labor Force Participation in European Regions

By: Benjamin Hilgenstock,Zsoka Koczan

Write a review Read reviews Take a Quiz Solve Book Puzzle

Still Attached? Are Social Safety Nets Working? Labor Force Participation in European Regions

By: Benjamin Hilgenstock,Zsoka Koczan

The paper examines the evolution and drivers of labor force participation in European regions, focusing on the effects of trade and technology. As in the United States, rural regions within European countries saw more pronounced declines (or smaller increases) in participation than urban regions. Unlike in the United States, however, trade and technology, captured here using novel measures of initial exposures to routinization and offshoring, did not result in detachment from the workforce in European regions. Instead, regions with high initial exposures to routinization and offshoring experienced so-far larger increases in participation, likely driven by an added second worker effect.

Average ratings

N/A

Write a review

Solve jigsaw puzzle

Age

Page Count

Publisher

International Monetary Fund

Published Date

ISBN 10

1484369181

ISBN 13

9781484369180

Storm Clouds Ahead? Migration and Labor Force Participation Rates in Europe

By: Benjamin Hilgenstock,Zsoka Koczan

Write a review Read reviews Take a Quiz Solve Book Puzzle

Storm Clouds Ahead? Migration and Labor Force Participation Rates in Europe

By: Benjamin Hilgenstock,Zsoka Koczan

The paper examines the potential effects of international migration on labor force participation in advanced economies in Europe. It documents that migration played a significant role in alleviating aging pressures on labor supply by affecting the age composition of receiving countries’ populations. However, micro-level analysis also points to differences in average educational levels, as well as differences in the effects of any given level of education on participation across migrants and natives. Difficulties related to the recognition of educational qualifications appear to be associated with smaller effects of education on the odds of participation for migrants, especially women.

Average ratings

N/A

Write a review

Solve jigsaw puzzle

Age

Page Count

Publisher

International Monetary Fund

Published Date

ISBN 10

1484364449

ISBN 13

9781484364444

Late to the game? Capital flows to the Western Balkans

By: Zsoka Koczan

Write a review Read reviews Take a Quiz Solve Book Puzzle

Late to the game? Capital flows to the Western Balkans

By: Zsoka Koczan

The boom and bust in capital flows to the New Member States of the European Union have received a considerable amount of attention; foreign direct investment and bank flows to the region and countries’ participation in regional supply chains have been well-documented. Relatively little has, however, been written about capital flows to the Western Balkans economies, which are often perceived to be ‘late arrivals’ to large capital flows. This paper aims to examine how capital flows to the Western Balkans compare with flows to the New Member States, in terms of levels as well as dynamics. We find that while financial integration took off somewhat later in the Western Balkans than in the New Member States, it has increased rapidly, despite still much lower capital account openness. Capital inflows as a share of GDP are comparable to those observed in the New Member States, (perhaps surprisingly) diverse in terms of source countries and broadly similar in composition, though with equity shares higher than they were in the New Member States at comparable levels of GDP per capita.

Average ratings

N/A

Write a review

Solve jigsaw puzzle

Age

Page Count

Publisher

International Monetary Fund

Published Date

ISBN 10

1475593503

ISBN 13

9781475593501

Trading on Their Terms? Commodity Exporters in the Aftermath of the Commodity Boom

By: Aqib Aslam,Samya Beidas-Strom,Mr.Rudolfs Bems,Oya Celasun,Sinem Kiliç Çelik,Zsoka Koczan

Write a review Read reviews Take a Quiz Solve Book Puzzle

Trading on Their Terms? Commodity Exporters in the Aftermath of the Commodity Boom

By: Aqib Aslam,Samya Beidas-Strom,Mr.Rudolfs Bems,Oya Celasun,Sinem Kiliç Çelik,Zsoka Koczan

Commodity prices have declined sharply over the past three years, and output growth has slowed considerably among countries that are net exporters of commodities. A critical question for policy makers in these economies is whether commodity windfalls influence potential output. Our analysis suggests that both actual and potential output move together with commodity terms of trade, but that actual output comoves twice as strongly as potential output. The weak commodity price outlook is estimated to subtract 1 to 21⁄4 percentage points from actual output growth annually on average during 2015-17. The forecast drag on potential output is about one-third of that for actual output.

Average ratings

N/A

Write a review

Solve jigsaw puzzle

Age

Page Count

Publisher

International Monetary Fund

Published Date

ISBN 10

1498338216

ISBN 13

9781498338219

Permanently Displaced? Increasingly Disconnected? Labor Force Participation in U.S. States and Metropolitan Areas

By: Benjamin Hilgenstock,Zsoka Koczan

Write a review Read reviews Take a Quiz Solve Book Puzzle

Permanently Displaced? Increasingly Disconnected? Labor Force Participation in U.S. States and Metropolitan Areas

By: Benjamin Hilgenstock,Zsoka Koczan

The United States stands out among advanced economies with marked declines in labor force participation. National averages furthermore conceal considerable within-country heterogeneity. This paper explores regional differences to shed light on drivers of participation rates at the state and metropolitan area levels. It documents a broad-based decline, especially pronounced outside metropolitan areas. Using novel measures of local vulnerability to trade and technology it finds that metropolitan areas with higher exposures to routinization and offshoring experienced larger drops in participation in 2000-2016. Thus, areas with different occupational mixes can experience divergent labor market trajectories as a result of trade and technology.

Average ratings

N/A

Write a review

Solve jigsaw puzzle

Age

Page Count

Publisher

International Monetary Fund

Published Date

ISBN 10

1484354850

ISBN 13

9781484354858

Why Is Labor Receiving a Smaller Share of Global Income? Theory and Empirical Evidence

By: Mai Chi Dao,Ms.Mitali Das,Zsoka Koczan,Weicheng Lian

Write a review Read reviews Take a Quiz Solve Book Puzzle

Why Is Labor Receiving a Smaller Share of Global Income? Theory and Empirical Evidence

By: Mai Chi Dao,Ms.Mitali Das,Zsoka Koczan,Weicheng Lian

This paper documents the downward trend in the labor share of global income since the early 1990s, as well as its heterogeneous evolution across countries, industries and worker skill groups, using a newly assembled dataset, and analyzes the drivers behind it. Technological progress, along with varying exposure to routine occupations, explains about half the overall decline in advanced economies, with a larger negative impact on middle-skilled workers. In emerging markets, the labor share evolution is explained predominantly by global integration, particularly the expansion of global value chains that contributed to raising the overall capital intensity in production.

Average ratings

N/A

Write a review

Solve jigsaw puzzle

Age

Page Count

Publisher

International Monetary Fund

Published Date

ISBN 10

1484313054

ISBN 13

9781484313053

A Cohort-Based Analysis of Labor Force Participation for Advanced Economies

By: Francesco Grigoli,Zsoka Koczan,Petia Topalova

Write a review Read reviews Take a Quiz Solve Book Puzzle

A Cohort-Based Analysis of Labor Force Participation for Advanced Economies

By: Francesco Grigoli,Zsoka Koczan,Petia Topalova

Advanced economies are in the midst of a major demographic transition, with the number of elderly rising precipitously relative to the working-age population. Yet, despite the acceleration in demographic shifts in the past decade, advanced economies experienced markedly different trajectories in overall labor force participation rates and the workforce attachment of men and women. Using a cohort-based model of labor force participation for 17 advanced economies estimated over the 1985-2016 period, we document a significant role of common patterns of participation over the life cycle and shifts in these patterns across generations for aggregate labor supply, especially in the case of women. The entry of new cohorts of women led to upward shifts in the age participation prole, boosting aggregate participation rates. However, this process plateaued in most advanced economies, with signs of reversal in some. Using the model's results to forecast future participation trends, we project sizable declines in aggregate participation rates over the next three decades due to the aging of the population. Illustrative simulations show that implementing policies encouraging labor supply can help attenuate but may not fully offset demographic pressures.

Average ratings

N/A

Write a review

Solve jigsaw puzzle

Age

Page Count

Publisher

International Monetary Fund

Published Date

ISBN 10

1484358597

ISBN 13

9781484358597

How Do Migration and Remittances Affect Inequality? A Case Study of Mexico

By: Zsoka Koczan,Franz Loyola

Write a review Read reviews Take a Quiz Solve Book Puzzle

How Do Migration and Remittances Affect Inequality? A Case Study of Mexico

By: Zsoka Koczan,Franz Loyola

The poverty-reducing effects of remittances have been well-documented, however, their effects on inequality are less clear. This paper examines the impact of remittances on inequality in Mexico using household-level information on the receiving side. It hopes to speak to their insurance role by examining how remittances are affected by domestic and external crises: the 1994 Mexican Peso crisis and the Global Financial Crisis. We find that remittances lower inequality, and that they become more pro-poor over time as migration opportunities become more widespread. This also strengthens their insurance effects, mitigating some of the negative impact of shocks on the poorest.

Average ratings

N/A

Write a review

Solve jigsaw puzzle

Age

Page Count

Publisher

International Monetary Fund

Published Date

ISBN 10

1484363434

ISBN 13

9781484363430

More Slack than Meets the Eye? Recent Wage Dynamics in Advanced Economies

By: Mr.Gee Hee Hong,Zsoka Koczan,Weicheng Lian,Mr.Malhar S Nabar

Write a review Read reviews Take a Quiz Solve Book Puzzle

More Slack than Meets the Eye? Recent Wage Dynamics in Advanced Economies

By: Mr.Gee Hee Hong,Zsoka Koczan,Weicheng Lian,Mr.Malhar S Nabar

Nominal wage growth in most advanced economies remains markedly lower than it was before the Great Recession of 2008–09. This paper finds that the bulk of the wage slowdown is accounted for by labor market slack, inflation expectations, and trend productivity growth. In particular, there appears to be greater slack than meets the eye. Involuntary part-time employment appears to have weakened wage growth even in economies where headline unemployment rates are now at, or below, their averages in the years leading up to the recession.

Average ratings

N/A

Write a review

Solve jigsaw puzzle

Age

Page Count

Publisher

International Monetary Fund

Published Date

ISBN 10

1484345355

ISBN 13

9781484345351

Fiscal Deficit and Public Debt in the Western Balkans

15 Years of Economic Transition

By: Zsoka Koczan

Write a review Read reviews Take a Quiz Solve Book Puzzle

Fiscal Deficit and Public Debt in the Western Balkans

15 Years of Economic Transition

By: Zsoka Koczan

In this paper we analyze how Western Balkans public finances adapted to the boom-bust cycle. Large capital inflows into emerging European economies during the mid-2000s resulted in rapid economic growth and convergence to EU income levels. This also resulted in improved fiscal positions of most countries, on the back of strong revenue performance. Yet, since the onset of the global economic crisis, many countries have struggled to adjust to the new situation of lower external financing and lower growth.

Average ratings

N/A

Write a review

Solve jigsaw puzzle

Age

Page Count

Publisher

International Monetary Fund

Published Date

ISBN 10

1513566393

ISBN 13

9781513566399

Drivers of Labor Force Participation in Advanced Economies: Macro and Micro Evidence

By: Francesco Grigoli,Zsoka Koczan,Petia Topalova

Write a review Read reviews Take a Quiz Solve Book Puzzle

Drivers of Labor Force Participation in Advanced Economies: Macro and Micro Evidence

By: Francesco Grigoli,Zsoka Koczan,Petia Topalova

Despite significant headwinds from population aging in most advanced economies (AEs), labor force participation rates show remarkably divergent trajectories both across countries and across different groups of workers. Participation increased sharply among prime-age women and, more recently, older workers, but fell among the young and prime-age men. This pa- per investigates the determinants of these trends using aggregate and individual-level data. We find that the bulk of the dramatic increase in the labor force attachment of prime-age women and older workers in the past three decades can be explained by changes in labor mar- ket policies and institutions, structural transformation, and gains in educational attainment. Technological advances such as automation, on the other hand, weighed on the labor supply of prime-age and older workers. In light of the dramatic demographic shifts expected in the coming decades in many AEs, our fndings underscore the need to invest in education and training, reform the tax system, reduce early retirement incentives, improve the job-matching process, and help individuals combine family and work life in order to alleviate the pressures from aging on labor supply.

Average ratings

N/A

Write a review

Solve jigsaw puzzle

Age

Page Count

Publisher

International Monetary Fund

Published Date

ISBN 10

1484364589

ISBN 13

9781484364581

Being Poor, Feeling Poorer

Inequality, Poverty and Poverty Perceptions in the Western Balkans

By: Zsoka Koczan

Write a review Read reviews Take a Quiz Solve Book Puzzle

Being Poor, Feeling Poorer

Inequality, Poverty and Poverty Perceptions in the Western Balkans

By: Zsoka Koczan

Emerging Europe has undergone a major economic transformation over the past 25 years. Most countries experienced initial drops in output during transition, followed by recovery in the second half of the 1990s. The path of transition in the Western Balkans has however been particularly uneven. The effects of transition also seem to have been more traumatic and persistent in the Western Balkans, and nostalgia for the past appears to be more prevalent here than in other former communist regions. Such dissatisfaction has important implications for the political economy of further reforms. This paper aims to inform policy by complementing the analysis of standard macro-level measures of inequality and poverty with a household-level analysis of subjective perceptions of poverty. We find that many more people appear to feel poor than are classified as such using purely income-based measures. Uncertainty, in particular related to expectations of future income and vulnerability to shocks, appears to be a key driver behind this discrepancy.

Average ratings

N/A

Write a review

Solve jigsaw puzzle

Age

Page Count

Publisher

International Monetary Fund

Published Date

ISBN 10

1475518994

ISBN 13

9781475518993

Book's by Zsoka Koczan

Migration and Remittances in Latin America and the Caribbean

Migration and Remittances in Latin America and the Caribbean

The Impact of International Migration on Inclusive Growth: A Review

The Impact of International Migration on Inclusive Growth: A Review

Work In Progress

Work In Progress

Still Attached? Are Social Safety Nets Working? Labor Force Participation in European Regions

Still Attached? Are Social Safety Nets Working? Labor Force Participation in European Regions

Storm Clouds Ahead? Migration and Labor Force Participation Rates in Europe

Storm Clouds Ahead? Migration and Labor Force Participation Rates in Europe

Late to the game? Capital flows to the Western Balkans

Late to the game? Capital flows to the Western Balkans

Trading on Their Terms? Commodity Exporters in the Aftermath of the Commodity Boom

Trading on Their Terms? Commodity Exporters in the Aftermath of the Commodity Boom

Permanently Displaced? Increasingly Disconnected? Labor Force Participation in U.S. States and Metropolitan Areas

Permanently Displaced? Increasingly Disconnected? Labor Force Participation in U.S. States and Metropolitan Areas

Why Is Labor Receiving a Smaller Share of Global Income? Theory and Empirical Evidence

Why Is Labor Receiving a Smaller Share of Global Income? Theory and Empirical Evidence

A Cohort-Based Analysis of Labor Force Participation for Advanced Economies

A Cohort-Based Analysis of Labor Force Participation for Advanced Economies

How Do Migration and Remittances Affect Inequality? A Case Study of Mexico

How Do Migration and Remittances Affect Inequality? A Case Study of Mexico

More Slack than Meets the Eye? Recent Wage Dynamics in Advanced Economies

More Slack than Meets the Eye? Recent Wage Dynamics in Advanced Economies

Fiscal Deficit and Public Debt in the Western Balkans

Fiscal Deficit and Public Debt in the Western Balkans

Drivers of Labor Force Participation in Advanced Economies: Macro and Micro Evidence

Drivers of Labor Force Participation in Advanced Economies: Macro and Micro Evidence

Being Poor, Feeling Poorer

Being Poor, Feeling Poorer

Username

Password

Username

Password

Password again

Birthday

Email