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regions of the United States and Mexico. The U.S. Border Patrol polices U.S. boundaries, seeking to apprehend any individual … southern California, southwestern Texas, and Mexican cities on the U.S.-Mexico border. For each region, we have high …) immigration from Mexico has a minimal impact on wages in U.S. border cities …
Persistent link: https://www.econbiz.de/10012471747
We examine illegal immigration in the United States from Mexico over the period 1976-1995. One challenge is that we do … individuals apprehended attempting to cross the U.S.-Mexico border illegally. Based on a simple migration model, we postulate the … apprehensions at the U.S.-Mexico border, person hours the U.S. Border Patrol spends policing the border, and wages in the United …
Persistent link: https://www.econbiz.de/10012473256
In this paper, I examine how the growth of offshore assembly in Mexico has affected manufacturing activity in U ….S.-manufactured components receive preferential tariff treatment upon reentry into the United States. Foreign assembly plants in Mexico, most of … Mexico increases the demand for manufacturing goods produced in U.S. border cities. Implications of the North American Free …
Persistent link: https://www.econbiz.de/10012473467
The question of what is a sustainable public debt is paramount in the macroeconomic analysis of fiscal policy. This question is usually posed as asking whether the outstanding public debt and its projected path are consistent with those of the government's revenues and expenditures (i.e. whether...
Persistent link: https://www.econbiz.de/10012457095
This paper considers two central problems in our statistical frameworks which impair the ability to use wealth to assess economic sustainability or the impacts of economic downturns. Some increases in wealth may reflect increased economic rents--in particular, land and exploitation rents--and...
Persistent link: https://www.econbiz.de/10012457340
IMF forecasts and the EU's Fiscal Compact foresee Europe's heavily indebted countries running primary budget surpluses of as much as 5 percent of GDP for as long as 10 years in order to maintain debt sustainability and bring their debt/GDP ratios down to the Compact's 60 percent target. We show...
Persistent link: https://www.econbiz.de/10012458350
Countries with high debt loads are vulnerable to an adverse feedback loop in which doubts by lenders lead to higher sovereign interest rates which in turn make the debt problems more severe. We analyze the recent experience of advanced economies using both econometric methods and case studies...
Persistent link: https://www.econbiz.de/10012459364
In this paper, we examine the correlation between sectoral shocks and border enforcement in the United States. Enforcement of national borders is the main policy instrument the U.S. government uses to combat illegal immigration. The motivation for the exercise is to see whether border...
Persistent link: https://www.econbiz.de/10012471469
This paper investigates the link between violent crime and immigration using data from Colombian municipalities during the recent episode of immigration from Venezuela. The key finding is that, following the closing and then re-opening of the border in 2016, which precipitated a massive...
Persistent link: https://www.econbiz.de/10012481473
We dissect the impact of a large and sudden exchange rate appreciation on Swiss border import prices, retail prices, and consumer expenditures on domestic and imported non-durable goods, following the removal of the EUR/CHF floor in January 2015. Cross-sectional variation in border price changes...
Persistent link: https://www.econbiz.de/10012482622