Political economy accounts of economic integration strongly emphasize the importance of legal contract enforcement. We challenge extant research by showing that relational contracting, relationship-based contract enforcement, is more efficient for high-risk, human capital-intensive activities...

Research on the political economy of immigration overlooks the specificity of skills in high skill occupations and its implications for immigration preferences and policymaking. Assessments that skilled Americans are unconcerned about labor market competition from skilled migrants build on a...