Bandyopadhyay, Subhayu; Coughlin, Cletus C.; Wall, Howard J. - Federal Reserve Bank of St. Louis - 2007
, immigrants increase the
likelihood of a match between a buyer and a seller that results in a completed transaction. Our
focus … for large border effects.
1
Dunlevy (2006) the trade-stimulating effects of immigrants should tend to be greater when … drawn to the network effects associated with immigrants.
3
Immigrant
networks are thought to lower the transactions costs …