Immigration, Remittances and Business Cycles PDF
By:Federico Mandelman
Published on 2011-05 by DIANE Publishing
Uses data on border enforcement and macroeconomic indicators from the U.S. and Mexico to estimate a two-country business cycle model of labor migration and remittances. It documents how remittances to Mexico serve an insurance role to smooth consumption across the border. During expansions in the destination economy, immigration increases with the expected stream of future wage gains, but it is dampened by a sunk migration cost. During recessions, established migrants are deterred from returning to their country of origin, which places a downward pressure on the wage of native unskilled workers. The authors quantify the welfare implications of immigration policies for the destination economy. Illustrations. A print on demand pub.
This Book was ranked at 33 by Google Books for keyword Immigration.
Book ID of Immigration, Remittances and Business Cycles's Books is YRh5kMwCHKMC, Book which was written byFederico Mandelmanhave ETAG "GemRZsVggpI"
Book which was published by DIANE Publishing since 2011-05 have ISBNs, ISBN 13 Code is 9781437939095 and ISBN 10 Code is 1437939090
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Book which have "57 Pages" is Printed at BOOK under Category
Book was written in en
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