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Tag Archives: immigration

A primer on the economics of immigration: a surplus approach perspective

This is definitely not my topic of research. So you may very well ask why would I venture to wrote about it, beyond the obvious reason that it is probably one of the most debated issues these days in the US, with the government shutdown being related to the now infamous wall. I am myself twice an immigrant, I descend from immigrants (my parents returned to their country of origin, but had emigrated, and on my mother side my grandfather was also an immigrant, and the same goes on my father's...

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James Pethokoukis — Republicans have a big new economic idea. It’s terrible.

James Pethokoukis is has a master's degree in journalism and no credentials in economics. Perhaps this explains at least part of his failure to understand that globalization under neoliberal doctrine — "free markets, free trade, and free capital flows" results in the great leveling as capital flows where resources, including labor, as least expensive in order to be be competitive. This implies that wages and capital investment in developed countries, where resources are most costly, will...

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IPA’s weekly links

Guest post by Jeff Mosenkis of Innovations for Poverty Action. My colleague Rebecca Rouse guest edits today’s faiV newsletter from NYU’s Financial Access Initiative (you can subscribe for a weekly dose of financial inclusion news). Spectacular job opportunity from the International Rescue Committee working with NYU and Sesame Workshop, leading M&E on their MacArthur $100 Million-winning project to help war-affected kids. Alaka Holla picks up the question of whether we should give up on...

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IPA’s weekly links

Guest post by Jeff Mosenkis of Innovations for Poverty Action. Petronia (above), an online course and game from the National Resource Governance Institute, lets users run a fictional country where oil is discovered to see if they can avoid the resource curse. (h/t David Batcheck) From the Stata journal– A new command, baselinetable, creates handy summary stats tables for your baseline reports to make sharing your findings much easier. It exports to Stata, Excel, CSV, etc to make it really...

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William Lacy Swing — How migrants who send money home have become a global economic force

More people are on the move around the world than ever before. An estimated 258 million people are currently living outside their country of origin. Every migrant chooses to leave home for different reasons, but they all bring their life experiences, knowledge, culture and ambitions with them. As they settle into life in their host countries, they acquire new skills and know-how. And they contribute to their families and communities in their country of origin by sending money home.Financial...

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Will the US Government Shut Again? What to Watch

By Marc Chandler Originally posted at Marc to Market The short-term solution reached last month to extend the US federal government’s funding expires on Thursday, February 8. Leaders from both parties say they want to avoid another partial closure. Last month, parts of the federal government were closed for three days, which is about par for the course (around half of the government’s 19 shutdowns since 1977 lasted three days). The House of Representatives is planning to vote tomorrow on a...

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Jason Smith — Immigration is a major source of growth

One of the findings of the dynamic information equilibrium approach (see also my latest paper) is that nominal output ("GDP") has essentially the same structure as the size of the labor force. The major shocks to the path of NGDP roughly correspond to the major shocks to the Civilian Labor Force (CLF). Both are shown as vertical lines. The first is the demographic shock of women entering the workforce.... With the positive shock of women entering the labor force ending, immigration is a...

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