Credit Rating Agencies and Speedy Payday Loans INTERNATIONAL RESOURCE ALLOCATION: Trade with Incomplete Information 4 INTERNATIONAL RESOURCE ALLOCATION: Trade with Incomplete Information 3 INTERNATIONAL RESOURCE ALLOCATION: Trade with Incomplete Information 2

Archive for December, 2014

THE IMMIGRANTS: Results 3

THE IMMIGRANTS: Results 3

This exercise demonstrates that there is tremendous overlap between the wa.ges of recent immigrants in 1990 and the wra.ges recent immigrants in 1970 would have received had they faced the 1990...

THE IMMIGRANTS: Results 2

Our next idea explores the question: which characteristics most distinguish (in terms of their “effect’1 on wages) the recent immigrants of the 1970s and the 1990s? The immigrant characteristics...

THE IMMIGRANTS: Results

THE IMMIGRANTS: Results

Our initial estimation equation included 3 schooling categories, 3 race and ethnicity categories, marital status, metropolitan residence, residence in a high immigrant state, seven industry dummies,...

THE IMMIGRANTS: Counterfactual Density Estimates 3

THE IMMIGRANTS: Counterfactual Density Estimates 3

Note that the definition of conditional probability yields the following ...