TY - BOOK ID - 84540314 TI - Implications of Migrationon Income and Welfare of Nationals PY - 2002 SN - 146234562X 1452760128 1283512386 1451919646 9786613824837 PB - Washington, D.C. : International Monetary Fund, DB - UniCat KW - Labor KW - Macroeconomics KW - Taxation KW - Emigration and Immigration KW - International Migration KW - Aggregate Factor Income Distribution KW - Wages, Compensation, and Labor Costs: General KW - Personal Income and Other Nonbusiness Taxes and Subsidies KW - Migration, immigration & emigration KW - Labour KW - income economics KW - Welfare & benefit systems KW - Public finance & taxation KW - Migration KW - Income KW - Wages KW - Social security contributions KW - Income and capital gains taxes KW - Population and demographics KW - National accounts KW - Taxes KW - Emigration and immigration KW - Social security KW - Income tax KW - New Zealand KW - Income economics UR - https://www.unicat.be/uniCat?func=search&query=sysid:84540314 AB - 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. ER -