Showing 1 - 3 of 3
In this paper, we argue that differences in the cost structure across sectors play an important role in the decision of firms to adjust their prices. We develop a menu-cost model of pricing in which retail firms intermediate trade between producers and consumers. An important facet of our...
Persistent link: https://www.econbiz.de/10012456172
From the 1970s to the early 2000s, the United States experienced an epochal wave of low-skilled immigration. Since the …-skilled, foreign-born workers has remained stable. We examine how the scale and composition of low-skilled immigration in the United … contributed to the recent immigration slowdown. Because major source countries for U.S. immigration are now seeing and will …
Persistent link: https://www.econbiz.de/10012453958
How will worldwide changes in population affect pressures for international migration in the future? We contrast the past three decades, during which population pressures contributed to substantial labor flows from neighboring countries into the United States and Europe, with the coming three...
Persistent link: https://www.econbiz.de/10012456058