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This paper presents a methodology to identify net demand shocks as well as wage rigidities in heterogeneous labor markets on the basis of nonparametric regression. We show how this approach can be used to make suggestions for immigration policy in economies with labor market rigidities. In an...
Persistent link: https://www.econbiz.de/10011447106
This paper provides a micro-funded theory of multilateral resistance to migration analyzing how financial constraints … determine migration trends. We build a RUM model in which we explicitly introduce the budget constraint in the migration … decision: individuals cannot afford migrating to a destination for which the migration cost (which depends on the immigration …
Persistent link: https://www.econbiz.de/10011540703
recent US data on migration rates by education levels (Carrington and Detragiache, 1998), we find empirical support for the …
Persistent link: https://www.econbiz.de/10013204721
Recent immigration policies have created massive uncertainty for international students to obtain F-1 visas. Yet, before the COVID-19 pandemic, student visa applicants already faced an approximately 27 percent refusal rate that varies by time and region. Using data on the universe of SAT takers...
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