International immigration: Theory, evidence and policy

International Financial Contagion: The Theory, Evidence and Policy Implications

This paper reviews the analytical and empirical literature on contagion. It begins by discussing how to define contagion, the theoretical evidence on how it might occur, and the empirical literature evaluating its causes during the financial crises of the 1990s. There has been less contagion during recent crises, however, as countries, investors, and the international financial institutions hav...

Immigration and International Prices ∗

This paper considers the relation between immigration and prices for a large number of cities across the world over the period from 1990 to 2006. Immigration is shown to have a negative impact on international relative prices. A 10 percent increase in the share of immigrant workers in total employment decreases the prices of final goods and services by more than 2.5 percent. Our results suggest...

Rethinking immigration policy theory beyond ‘Western liberal democracies’

How do political systems shape immigration policy-making? Explicitly or implicitly, comparative politics and migration policy theories suggest a 'regime effect' that links specific dynamics of immigration policy to liberal democracy. The literature's dominant focus on so-called 'Western liberal democracies', however, has left the 'regime effect' largely untested and research on variations and s...

Immigration, refugees, and foreign policy.

The author first notes that mass movements of people across international boundaries, whether voluntary or forced, are increasingly becoming topics for international concern. In particular, the late 1970s and early 1980s have seen a series of migration crises with powerful foreign policy implications. The policy consequences of these international migration movements are considered, with part...

Immigration policy and health care.