Legal and illegal markets often coexist. In theory, marginal legalization can either substitute for the remaining parallel market, or complement it via scale effects. I study migrants crossing without prior authorization at the US southwest border, where large-scale unlawful crossing coexists...

Conditional Cash Transfers are increasingly used by development aid agencies to reduce the incentives for migration from low-income countries. The evidence to date suggests that such transfers typically increase the rate of migration when they are conditional on investment, such as investment in...

Very few labor-based pathways for regular migration are available for people in Northern Central America, often called the 'Northern Triangle' of Guatemala, Honduras, and El Salvador. This note briefly summarizes the state of labor-based migration channels in the region. It then argues that...

We extend the model by DeGrauwe and Grimaldi (2006, EER) by currency transaction taxes. This model explains the exchange rate behavior by the interaction of heterogeneous traders who display either trend chasing behavior or rely on a return of the exchange rate back to its arbitrage free...

We analyze income tax evasion dynamics in a standard model of statistical mechanics, the Ising model of ferromagnetism. However, in contrast to previous research, we use an inhomogeneous multi-dimensional Ising model where the local degrees of freedom (agents) are subject to a specific social...

Often, numerical simulations for dynamic, stochastic models in economics are needed. Higher order methods can be attractive, but bear the danger of generating explosive solutions in originally stationary models. Kim-Kim-Schaumburg-Sims (2008) proposed pruning to deal with this challenge for...

Purpose: We aim at "heavy traffic direction" and "light traffic direction" in two-way waterway traffic and attempt to promote the transit capacity of two-way waterway system. Design/methodology/approach: We propose overtaking rules, head-on rules and a cellular automaton model for variable...

This paper explores the design parameters of high-voltage coils of three-phase transformers and the effects of eddy current losses caused by energy conversion. The commercial software, ANSYS-Maxwell, was employed to conduct the simulation of electrical and magnetic fields. The design parameters...

During the past few years, the plant nursery sector has drastically minimized its carbon footprint by using geothermal systems for heating rather than fossil fuel. This study aims to define the temperature range inside a greenhouse by means of a multiparametric analysis, with regard to several...