Search Results
Journal Article
Educational Attainment of Immigrants at the National and Eighth District Levels
Grittayaphong, Praew; Bandyopadhyay, Subhayu
(2020-12-22)
What role does the foreign-born population play in the economy? Educational attainment and earnings data shed light on potential contributions.
The Regional Economist
, Volume 28
, Issue 4
Working Paper
Foreign aid, illegal immigration, and host country welfare
Munemo, Jonathan; Chambers, Dustin; Bandyopadhyay, Subhayu
(2012)
This paper analyzes the effect of foreign aid on illegal immigration and host country welfare using a general equilibrium model. We show that foreign aid may worsen the recipient nation?s terms of trade. Furthermore, it may also raise illegal immigration, if the terms of trade effect on immigration flows dominates the other effects identified in our analysis. Empirical analysis of the effect of foreign aid on illegal immigration to the United States broadly supports the predictions of our theoretical model. Foreign aid worsens the recipient?s terms of trade. While the terms of trade effect ...
Working Papers
, Paper 2012-007
Working Paper
Terms-of-Trade and Counterterrorism Externalities
Younas, Javed; Sandler, Todd; Bandyopadhyay, Subhayu
(2017-06-01)
This paper investigates the interplay of trade and terrorism externalities under free trade between a developed nation that exports a manufactured good to and imports a primary product from a developing nation. A terrorist organization targets both nations and reduces its attacks in response to a nation?s defensive counterterrorism efforts, while transferring some of its attacks abroad. Terms-of-trade considerations lead the developed nation to raise its counterterrorism level beyond the ?small-country? level, thus compounding its over provision of these measures. By contrast, the developing ...
Working Papers
, Paper 2017-17
Working Paper
Taxation, Compliance, and Clandestine Activities
Bandyopadhyay, Subhayu; Marjit, Sugata; Pinto, Santiago; Thum, Marcel
(2025-03-19)
We investigate the delicate balance policymakers have to strike between raising tax revenues for public good provision and controlling the distortionary effects of taxes on (i) tax evasion, (ii) total work hours, and (iii) the allocation of work hours to illegal activities. These distortions lower the constrained optimal tax rate and result in the under-provision of the public good. This under-provision problem is mitigated when surplus from the audit agency is seamlessly transferred to the taxing authorities. Extensions of the basic model incorporate agent heterogeneity and a more general ...
Working Papers
, Paper 2025-005
Journal Article
Trade and Terror: The Impact of Terrorism on Developing Countries
Younas, Javed; Bandyopadhyay, Subhayu
(2017)
We discuss some of the economic costs of terrorism. There are myriads of other costs like destruction of infrastructure, flight of skilled workers (brain drain) and diversion of funds to counterterrorism (compared to funding of health, education, etc.). A comprehensive discussion of these costs is beyond the scope of this article. However, a greater understanding of terrorism-related damages can help governments and multilateral organizations (e.g., United Nations, World Bank) to better direct scarce resources to mitigate terrorism-related costs.
The Regional Economist
, Volume 25
, Issue 4
Working Paper
Terrorism, Trade and Welfare: Some Paradoxes and a Policy Conundrum
Younas, Javed; Sandler, Todd; Bandyopadhyay, Subhayu
(2016-03-01)
We present a standard trade model and show that terrorism can be trade inducing, starting from autarky. In addition, terrorism can be shown to be welfare augmenting for a group of nations. Finally, we present some qualitative conditions that identify when a nation?s trade volume may rise (or fall) in response to a greater incidence of terrorism. Our trade and welfare results point to potential difficulties in international coordination of counterterrorism policy because of terrorism?s differential impact across nations.
Working Papers
, Paper 2016-2
Who Holds a Green Card?
Bandyopadhyay, Subhayu; Bharadwaj, Asha
(2020-07-02)
Understanding the characteristics of U.S. permanent residents can provide insight into the future workforce.
On the Economy
How Does St. Louis-Area Immigration Differ from National Trends?
Bandyopadhyay, Subhayu; Grittayaphong, Praew
(2022-01-10)
Local immigrants with at least a bachelor’s degree are more likely to specialize in the physical sciences than immigrants nationally.
On the Economy
Working Paper
Do donors care about declining trade revenues from liberalization? an analysis of aid allocation
Younas, Javed; Bandyopadhyay, Subhayu
(2007)
Many developing country governments rely heavily on trade tax revenue. Therefore, trade liberalization can be a potential source of significant fiscal instability, and may affect government spending on development activities. Donor nations may take this into account in making their aid allocation decisions for developing nations. Our findings suggest that bilateral donors provide substantially larger amounts of aid to compensate (or reward) liberalizing recipient nations who also face declining trade tax revenues. Interestingly, these effects are statistically insignificant in the context of ...
Working Papers
, Paper 2007-028
Working Paper
Financing growth: foreign aid vs. foreign loans
Lahiri, Sajal; Younas, Javed; Bandyopadhyay, Subhayu
(2013)
Compared to foreign grants, do concessional loans from foreign governments and/or unsubsidized loans from foreign private banks lead to faster growth in developing nations? The answer has implications for aid agencies (i) in allocating a given amount of resources between grants and concessional loans; and (ii) in encouraging financial market reforms. We examine the effects of ODA grants, concessional ODA loans, and private offshore bank loans on growth rates of 131 developing nations over 1996-2010 in a unified way. We find evidence of non-linearities in all three relationships, suggesting ...
Working Papers
, Paper 2013-031
FILTER BY year
FILTER BY Bank
Federal Reserve Bank of St. Louis 95 items
FILTER BY Series
FILTER BY Content Type
Working Paper 50 items
Journal Article 32 items
FILTER BY Author
Sandler, Todd 16 items
Younas, Javed 16 items
Grittayaphong, Praew 9 items
Wall, Howard J. 9 items
Lahiri, Sajal 8 items
Aubuchon, Craig P. 7 items
Mitra, Devashish 7 items
Roy, Suryadipta 6 items
Basu, Arnab K. 5 items
Chau, Nancy H. 5 items
Hernandez-Murillo, Ruben 5 items
Le, Hoang 5 items
Martinek, Christopher J. 5 items
Bharadwaj, Asha 3 items
Coughlin, Cletus C. 3 items
Munemo, Jonathan 3 items
Pham, Cong S. 3 items
Pinto, Santiago 3 items
Rodrigo, Guerrero 3 items
Bhaumik, Sumon 2 items
Dinopoulos , Elias 2 items
Doucouliagos, Hristos 2 items
Marjit, Sugata 2 items
Ricketts, Lowell R. 2 items
Unel, Bulent 2 items
Bandyopadhyay, Sudeshna C. 1 items
Basistha, Arabinda 1 items
Chambers, Dustin 1 items
Gaibulloev, Khusrav 1 items
La Jeunesse, Elizabeth A. 1 items
Liu, Yang 1 items
Park, Eun-Soo 1 items
Takashima, Ryo 1 items
Thum, Marcel 1 items
Vermann, E. Katarina 1 items
Wheeler, Christopher H. 1 items
Yang, Lei 1 items
show more (33)
show less
FILTER BY Jel Classification
H56 11 items
D74 7 items
F11 6 items
F13 5 items
F1 4 items
F14 4 items
F52 4 items
F66 4 items
H41 4 items
C72 3 items
F16 3 items
F22 3 items
O19 3 items
O24 3 items
D43 2 items
D62 2 items
E24 2 items
G21 2 items
H23 2 items
J31 2 items
J61 2 items
J64 2 items
L11 2 items
D71 1 items
F10 1 items
H2 1 items
H4 1 items
H73 1 items
H8 1 items
H87 1 items
J15 1 items
J68 1 items
K10 1 items
L93 1 items
R10 1 items
show more (30)
show less
FILTER BY Keywords
Terrorism 9 items
Federal Reserve District, 8th 8 items
Foreign aid program 8 items
immigration 7 items
Contracting out 5 items
Labor market 5 items
Tariff 5 items
terrorism 5 items
COVID-19 4 items
unauthorized immigration 4 items
Employment 3 items
Immigrants 3 items
International trade 3 items
Taxation 3 items
Bilateral imports 2 items
Corruption 2 items
Emigration and immigration 2 items
Exports 2 items
Free trade 2 items
Mortgages 2 items
Spillovers 2 items
Trade 2 items
War - Economic aspects 2 items
counterterrorism 2 items
dispute settlement reciprocity 2 items
educational attainment 2 items
externalities 2 items
labor standards 2 items
offshoring 2 items
Balance of payments 1 items
Border and internal enforcement 1 items
Child labor 1 items
Crime - Economic aspects 1 items
Cross-border lobbying 1 items
Customs Union 1 items
Developing countries 1 items
Developing countries - Economic conditions 1 items
Domestic lobbying 1 items
E-Verify 1 items
Economic conditions 1 items
Export controls 1 items
Extensive and intensive margins of trade 1 items
External tariffs. 1 items
Free Trade Area 1 items
Fréchet. 1 items
Germany 1 items
Housing - Prices 1 items
Illegal immigration 1 items
Immigration enforcement 1 items
Import tariff 1 items
International Offshoring 1 items
International finance 1 items
Investments, Foreign 1 items
Labor mobility - United States 1 items
Loans, Foreign 1 items
Lognormal 1 items
Macroeconomics 1 items
Mexico 1 items
Minimum Wage 1 items
Monopolistic competition 1 items
Offshoring tax 1 items
Organisation for Economic Co-operation and Development (OECD) 1 items
Pareto 1 items
Philippines 1 items
Population 1 items
Preferential Trading Agreements 1 items
Public welfare 1 items
Regional economics 1 items
Revenue 1 items
Russia 1 items
Russian invasion of Ukraine 1 items
St. Louis metropolitan statistical area (MSA) 1 items
Terms-of-trade externalities 1 items
Truncated probability distributions 1 items
Ukraine 1 items
Unauthorized immigration 1 items
Vertical and horizontal externalities 1 items
Wage Tax 1 items
Wages 1 items
Welfare 1 items
advanced economies 1 items
air passengers 1 items
airline industry 1 items
arms trade 1 items
baby boomers 1 items
backlash 1 items
campaign contributions 1 items
china 1 items
civil liberties 1 items
comparative statics 1 items
competitive terrorist groups 1 items
compliance 1 items
coronavirus 1 items
counterterrorism policy 1 items
credit constraints 1 items
defense spending 1 items
defensive and proactive counterterrorism 1 items
defensive counterterrorism 1 items
developing and emerging economies 1 items
developing countries 1 items
domestic and transnational terrorism 1 items
dominican republic 1 items
drones 1 items
education 1 items
employment 1 items
evasion 1 items
extensive and intensive margins 1 items
extensive margin 1 items
foreign fighters 1 items
freedoms 1 items
functional inequality 1 items
game theory 1 items
gravity equation 1 items
gravity model 1 items
green cards 1 items
illicit activities 1 items
immigrant employment 1 items
immigrants 1 items
imports and exports 1 items
income per capita 1 items
india 1 items
inequality in capital ownership 1 items
intensive margin 1 items
international trade 1 items
jobs 1 items
labor 1 items
labor market equilibrium 1 items
labor markets 1 items
legal immigration policy 1 items
lobbying 1 items
military expenditures 1 items
negative binomial 1 items
optimal mix between proactive and defensive countermeasures 1 items
outbidding between rival groups 1 items
partial democracy 1 items
permanent residents 1 items
political rights 1 items
politically influenced Nash equilibrium 1 items
proactive border security 1 items
proactive counterterror and lobbying 1 items
proactive counterterrorism 1 items
public goods 1 items
publicly provided local goods 1 items
publicness and corner solutions 1 items
radicalization 1 items
radicalization and wage rate 1 items
rational terrorist supply 1 items
refugees 1 items
rights 1 items
search unemployment 1 items
selective incentives 1 items
social security 1 items
state exports 1 items
state finances 1 items
stem 1 items
tax-subsidy redistributive schemes 1 items
taxation 1 items
terms of trade 1 items
terrorist supporters' occupational choice 1 items
terrorist-targeting preferences 1 items
three-stage game 1 items
trade-offs 1 items
transference externalities 1 items
two-stage game 1 items
unilateral Nash equilibrium 1 items
voter support for immigration 1 items
welfare efficiency 1 items
show more (162)
show less