In this paper we analyze the economic effects of different immigration policies using a model that incorporates economic and policy features crucial to understanding the migrant flows into the US. We differentiate among the most relevant channels of immigration to the US: family-based,...

We examine the economic impact of the large migration of Puerto Ricans to Orlando after Hurricane Maria. Using a synthetic control approach, we find that employment in Orlando increased, especially in construction and retail, and find positive aggregate labor market effects for non-Hispanic and...

Global warming is a worldwide and protracted phenomenon with heterogeneous local economic effects. In order to evaluate the aggregate and local economic consequences of higher temperatures, we propose a dynamic economic assessment model of the world economy with high spatial resolution. Our...

The changes in technology that took place in the US during the last three decades, mainly due to the introduction of computerization and automation, have been characterized as "routine-substituting." They have reduced the demand for routine tasks, but have increased the demand for analytical...

On February 5, 1917, the United States passed the Immigration Act of 1917, which included a test for all migrants arriving to the U.S. to prove they were literate. The Literacy Test was one of the first and few times the U.S. used a broad 'skill-based' immigration policy in an attempt to limit...

Argentina was the second largest destination country during the Age of Mass Migration, receiving nearly six million migrants. In this article, we first summarize recent findings characterizing migrants' long-term economic assimilation and their contributions to local economic development. The...

Using administrative data on wealth, firm ownership structure, and migration in Sweden and Denmark, we document international migration patterns among the very wealthy, their impact on the economy, and how they respond to wealth taxation. We show that more than 20% of taxpayers liable to pay...

The effects of immigration are reasonably well understood in developed countries, but they are far more poorly understood in developing ones despite the importance of these countries as immigrant destinations. We address this shortcoming by studying the effects of immigration to Brazil during...

Forecasting currencies with commodity prices -- Commodity prices, commodity currencies, and global economic developments / Jan J. J. Groen and Paolo A. Pesenti -- Comments: Kalok Chan, Roberto S. Mariano -- The relationship between commodity prices and currency exchange rates: evidence from the...