Since 1986 the United States has made considerable efforts to curb illegal immigration. This has resulted in an increase in migration costs for undocumented immigrants. More stringent border enforcement either deters potential illegal immigrants from coming to the U.S., or moves the point of...

We explore three hitherto poorly understood characteristics of the human trafficking market - the cross-border ease of mobility of traffickers, the relative bargaining strength of traffickers and final buyers, and the elasticity of buyers' demand. In a model of two-way bargaining, the exact...