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Monetary Policies and Internatioal Migration of Labor
[in Japanese]
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Shimada Akira
… For this purpose, we assume that the workers move between the home and foreign countries due to differences in the expected lifetime utilities of the two countries. … We show that increases in the nominal money stock do not necessarily increase foreign worker inflow, although they always augment domestic employment and domestic income. …
Journal of business and economics 86(2), 85-102, 2006-09-25
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