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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/10013324458
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/10013233433
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/10013210608
We document that even though the normal distribution provides a good approximation to GDP fluctuations, it severely underpredicts “macroeconomic tail risks,” that is, the frequency of large economic downturns. Using a multi-sector general equilibrium model, we show that the interplay of...
Persistent link: https://www.econbiz.de/10013030060
Clusters are geographic concentrations of industries related by knowledge, skills, inputs, demand, and/or other linkages. A growing body of empirical literature has shown the positive impact of clusters on regional and industry performance, including job creation, patenting, and new business...
Persistent link: https://www.econbiz.de/10013032877
Taking the early U.S. automobile industry as an example, we evaluate four competing hypotheses on regional industry agglomeration: intra-industry local externalities, inter-industry local externalities, employee spinouts, and location fixed-effects. Our findings suggest that inter-industry...
Persistent link: https://www.econbiz.de/10012937840
This paper shows that large economic downturns may result from the propagation of microeconomic shocks over the input-output linkages across different firms or sectors within the economy. Building on the framework of Acemoglu et al. (2012), we argue that the economy's input-output structure can...
Persistent link: https://www.econbiz.de/10013078828
The real effective exchange rate (REER) is one of the most cited statistical constructs in open-economy macroeconomics. We show that the models used to compute these numbers are not rich enough to allow for the rising importance of global value chains. Moreover, because different sectors within...
Persistent link: https://www.econbiz.de/10013052107
Short-run interindustry comovement may be due either to common shocks or to complementarities that propagate shocks across sectors. This paper assesses the importance of input-output linkages, aggregate activity spillovers, and local activity spillovers to comovement in postwar US manufacturing....
Persistent link: https://www.econbiz.de/10013221096
This paper estimates the impact of armed conflict on subsequent health outcomes using detailed geographic information on households' distance from conflict sites—a more accurate measure of conflict exposure— and compares the impact on children exposed in utero versus after birth. The...
Persistent link: https://www.econbiz.de/10013031299