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States and Mexico. This paper evaluates the degree of wage convergence between Mexico and the United States between 1988 and … Mexico and the US. First, we find no evidence of long-run wage convergence among cohorts characterized by low migration … convergence for workers with high migration propensities. Finally, we find evidence of convergence in the border of Mexico vis …
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International trade is frequently thought of as a production technology in which the inputs are exports and the outputs are imports. Exports are transformed into imports at the rate of the price of exports relative to the price of imports: the reciprocal of the terms of trade. Cast this way, a...
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illustrative example, I estimate that migration from Mexico to the United States raises global income by an amount equivalent to …
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