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percent of the population had incomes below the poverty line, and 31 percent had incomes below 200 percent of the poverty line. Compared to the overall population, a far higher share of those in single-mother families are poor or near-poor, with 67 percent below 200 percent of the poverty line in 2005. A shockingly high 24 percent of those in single-mother(More)
University. We thank Alan Berkowitz and Peter Feather for providing historical fuel-economy data and for answering numerous questions about CAFE standards. We thank Wei Fan for significant help with the vehicle transaction data. All errors are our own.tal Protection Agency (EPA) under the Science to Achieve Results (STAR) Graduate Fellowship Program. EPA(More)
The recent growth in offshore outsourcing of intermediate input production makes it especially critical that statistical agencies are able to accurately measure quality-adjusted trade flows. This paper focuses in particular on the implications of global production sharing for measuring the price of semiconductors, a critical input to high-end domestic(More)
This paper demonstrates that low-skilled Mexican-born immigrants' location choices in the U.S. respond strongly to changes in local labor demand, and that this geographic elasticity helps equalize spatial differences in labor market outcomes for low-skilled native workers, who are much less responsive. We leverage the substantial geographic variation in(More)
This section closely follows Jones (1975), but deviates from that paper's result by allowing the amount of labor available to the regional economy to vary. Consider a particular region, r, suppressing that subscript on all terms. Industries are indexed by i = 1...N. L is the total amount of labor and T i is the amount of industry i-specific factor available(More)
We empirically study the dynamics of labor market adjustment following the Brazilian trade reform of the 1990s. We use variation in industry-specific tariff cuts interacted with initial regional industry mix to measure trade-induced local labor demand shocks, and then examine regional and individual labor market responses to those one-time shocks over two(More)
This paper measures the effects of Brazil's 1987-1995 trade liberalization on local labor market wages and internal migration patterns. I develop a specific-factors model of regional economies to examine the impact of national price changes on local labor markets. In the model, a region's industry mix determines the local impact of liberalization, with(More)
  • Joan Monras, Don Davis, Eric Verhoogen, Bernard Salanié, Jón Steinsson, Jesus Fernández-Huertas +2 others
  • 2015
Previous literature shows that internal migration is procyclical, which seems to imply that geographic relocation does not help mitigate negative local economic shocks during recessions. This paper challenges this view. Using various IVs, I document that net in-migration rates decreased in areas more affected by the Great Recession, which helped to(More)
In the US, women tend to have lower levels of financial literacy than men. This is consistent with a household division of labor in which men manage finances. However, women also tend to outlive their husbands, so they will eventually need to take over this task. Using a new survey of older couples, I find that women acquire additional financial literacy as(More)