Showing 1 - 10 of 11
I document a strong negative correlation, both across and within countries, between housing and current account dynamics. I use two methodologies to analyze three potential drivers of housing markets. First, in a quantitative two-country model, I input the dynamics of population, loan-to-value...
Persistent link: https://www.econbiz.de/10011160713
We study housing dynamics in China using vector autoregressions identified with theoryconsistent sign restrictions. We study five potential drivers: 1) Population increases; 2) a relaxation of credit standards, for example, due to the shadow banking system; 3) increasing preferences towards...
Persistent link: https://www.econbiz.de/10011084957
Do immigrants have a higher demand for large denominated banknotes than natives? This study examines whether cash …-to-native ratio. Controlling for a range of socio-economic indicators across 250 Swiss cities, European immigrants in Switzerland are … CHF 1000 notes holds irrespective of the European immigrants' country of origin. Hoarding of large denominated banknotes …
Persistent link: https://www.econbiz.de/10008611006
-Hispanic whites and blacks, particularly before the onset of the recent recession. The influx of large numbers of immigrants partially …
Persistent link: https://www.econbiz.de/10009321064
This paper examines whether allowing certain undocumented immigrants to legalize their status leads to additional … million undocumented immigrants. We find that apprehensions of persons attempting to illegally cross the U.S.-Mexico border … declined immediately following passage of the law but returned to normal levels during the period when illegal immigrants could …
Persistent link: https://www.econbiz.de/10010554997
This study examines how minimum wage laws affect the employment and earnings of low-skilled immigrants and natives in … the U.S. Minimum wage increases might have larger effects among low-skilled immigrants than among natives because, on … average, immigrants earn less than natives due to lower levels of education, limited English skills, and less social capital …
Persistent link: https://www.econbiz.de/10005346055
Persistent link: https://www.econbiz.de/10005360694
immigrants and natives compared with non-Hispanic whites and blacks. We focus on adults who have not finished high school and on …, although it is smaller for foreign- than native-born Latinos. Adult Latino immigrants are less affected by minimum wage laws …
Persistent link: https://www.econbiz.de/10005490272
Recent media and government reports suggest that immigrants are more likely to hold jobs with worse working conditions … than U.S.-born workers, perhaps because immigrants work in jobs that "natives don’t want." Despite this widespread view …, earlier studies have not found immigrants to be in riskier jobs than natives. This study combines individual-level data from …
Persistent link: https://www.econbiz.de/10004993779
immigrants from Latin America, who compose the bulk of undocumented foreign-born workers in the U.S. The crackdown on use of … find a negative impact after 9/11 on earnings and hours worked among recent male Hispanic immigrants vis-à-vis natives and … a negative effect on employment, hours worked, and earnings vis-à-vis Hispanic immigrants who had been in the U …
Persistent link: https://www.econbiz.de/10005706856