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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
We examine how the large, one-time legalization authorized by the Immigration Reform and Control Act (IRCA) has … affected the scale and character of immigration to the U.S. since the late 1980s. Exploiting cross-country variation in the …
Persistent link: https://www.econbiz.de/10012482129
In this chapter we analyze immigration and its effect on urban and regional economies focusing on productivity and … labor markets. While immigration policies are typically national, the effects of international migrants are often more … our analysis of the local effects of immigration and we describe several applications. We then discuss the empirical …
Persistent link: https://www.econbiz.de/10012458239
The U.S. limits work visas for low-skill jobs outside of agriculture, with a binding quota that firms access via a randomized lottery. We evaluate the marginal impact of the quota on firms entering the 2021 H-2B visa lottery using a novel survey and pre-analysis plan. Firms exogenously...
Persistent link: https://www.econbiz.de/10013435151