We analyze the effects of the increase in China's import competition on Mexican domestic and international migration … competition are more likely to migrate to other municipalities within Mexico, while a negative effect is found on the decision to …

In this paper we assess the impact of external economic liberalization in India on the transmission of aggregate shocks …. We examine the relative importance of domestic and external shocks and capture their feedback effects by estimating an …'s liberalization policy: 1) under intermittency (or fits and starts') the transmission of aggregate shocks in the post-reform period is …

shocks, or the propagation of shocks through the network. Firms can replace suppliers they have lost due to exit subject to … switching costs and search frictions. This enables us to study the impact of shocks on aggregate production in an adaptive … network, and we show that depending on the nature of the shocks, adaptivity can make the network more or less stable. …

economy. We use a two-stage non-recursive VAR model to identify monetary shocks. We construct then various overall monetary …

Should shocks be part of our macro-modeling tool kit - for example, as a way of modeling discontinuities in fiscal … policy or big moves in the financial markets? What are shocks, and how can we best put them to use? In heterodox … macroeconomics, shocks tend to come in two broad types, with some exceptions for hybrid cases. What I call Type 1 shocks are one …

explanatory variable in the analysis of migration. Although correlated with other variables that are routinely used in …

productive capital is scarce relativeto the overall capital of the economy. Positive shocks to the capital ofthe …rm increase the …

The aim of this paper is to explain why cross-sectional estimated migration correlations displayed in the academic and … a model with stochastic migration in which the parameters of interest, that are migration correlations, are precisely … defined. The impossibility of estimating consistently the migration correlations from cross-sectional data only is emphasized …

in the model is driven by idiosyncratic city-specific productivity shocks, which we measure using a dataset that we …