The objective of this paper is to employ the Hurricane Katrina evacuation into Houston, TX as a natural experiment to estimate the effect of large scale in-migration on regional earnings. Given the characteristics of the evacuees, their influx would have caused the supply of applicants for lower...

This paper tests the mean reverting property of current account in the financial crisis-affected 5 counties of southeast Asia using nonlinear unit root tests of Park and shintani (2004). Our approach is based on the idea that a conventional unit root test has lower power in detecting the...