Search Results
Working Paper
The Allocation of Immigrant Talent: Macroeconomic Implications for the U.S. and Across Countries
See, Kurt; Birinci, Serdar; Leibovici, Fernando
(2024-09-18)
We quantify the labor market barriers that immigrants face, using an occupational choice model with native-born individuals and immigrants of multiple types subject to wedges that distort their allocations. We find sizable output gains from removing immigrant wedges in the U.S., representing 25% of immigrants' overall economic contribution, and that these wedges alter the impact of alternative immigration policies. We harmonize microdata across 19 economies and exploit cross-country variation in immigrant outcomes and estimated wedges to examine the drivers of differences in wedges and gains ...
Working Papers
, Paper 2021-004
Working Paper
The geography of wealth: shocks, mobility, and precautionary savings
Greaney, Brian; Dvorkin, Maximiliano
(2024-09-30)
The spatial distribution of wealth in the United States is very heterogeneous, with important differences within and across US states. We study the distribution of wealth in a country and how it is shaped by the characteristics earnings across regions, and by the frictions individuals face to move and reallocate across space. For this, we develop a tractable model of consumption, savings, and location choice with many regions, incomplete markets, and heterogeneous agents facing persistent and transitory income shocks. Our analysis focuses on the role of income shocks, precautionary savings, ...
Working Papers
, Paper 2024-033
Working Paper
International trade and labor reallocation: misclassification errors, mobility, and switching costs
Dvorkin, Maximiliano
(2022-08-12)
Over the last few decades, international trade has increased at a rapid pace, altering domestic production and labor demand in different sectors of the economy. A growing literature studies the heterogeneous effects of trade shocks on workers’ employment and on welfare when reallocation decisions are costly. The estimated effects critically depend on data on workers’ reallocation patterns, which is typically plagued with coding errors. In this paper, I study the consequences of misclassification errors for estimates of the labor market effects of international trade and show that ...
Working Papers
, Paper 2021-014
Working Paper
International trade and labor reallocation: misclassification errors, mobility, and switching costs
Dvorkin, Maximiliano
(2021-12-08)
Over the last few decades, international trade has increased at a rapid pace, altering domestic production and labor demand in different sectors of the economy. A growing literature has studied the heterogeneous effects of trade shocks on workers’ industry and occupation employment and on welfare when reallocation decisions are costly. The estimated effects critically depend on data on workers’ reallocation patterns, which is typically plagued with coding errors. In this paper, I study the consequences of misclassification errors for estimates of the labor market effects of international ...
Working Papers
, Paper 2021-014
Working Paper
Immigrant Misallocation
See, Kurt; Birinci, Serdar; Leibovici, Fernando
(2021-04)
We quantify the barriers that impede the integration of immigrants into foreign labor markets and investigate their aggregate implications. We develop a model of occupational choice with natives and immigrants of multiple types whose decisions are subject to wedges which distort their allocation across occupations. We estimate the model to match salient features of U.S. and cross-country individual-level data. We find that there are sizable GDP gains from removing the wedges faced by immigrants in U.S. labor markets, accounting for approximately one-fifth of the overall economic contribution ...
Working Papers
, Paper 2021-004
Working Paper
The geography of wealth: shocks, mobility, and precautionary savings
Greaney, Brian; Dvorkin, Maximiliano
(2024-09-30)
The spatial distribution of wealth in the United States is very heterogeneous, with important differences within and across US states. We study the distribution of wealth in a country and how it is shaped by the characteristics earnings across regions, and by the frictions individuals face to move and reallocate across space. For this, we develop a tractable model of consumption, savings, and location choice with many regions, incomplete markets, and heterogeneous agents facing persistent and transitory income shocks. Our analysis focuses on the role of income shocks, precautionary savings, ...
Working Papers
, Paper 2024-033
Working Paper
Landlords and Access to Opportunity
Martin, Hal; Phillips, David; Aliprantis, Dionissi
(2019-08-30)
Despite being eligible for use in any neighborhood, housing choice vouchers tend to be redeemed in low-opportunity neighborhoods. This paper investigates how landlords contribute to this outcome and how they respond to efforts to change it. We leverage a policy change in Washington, DC, that increased voucher rental payments only in high-rent neighborhoods. Using two waves of a correspondence experiment that bracket the policy change, we show that most opportunity landlords screen out prospective voucher tenants, and we detect no change in average screening behavior after a $450 per month ...
Working Papers
, Paper 19-02R
Working Paper
Landlords and Access to Opportunity
Martin, Hal; Phillips, David; Aliprantis, Dionissi
(2019-11-21)
Landlords in high-opportunity neighborhoods screen out tenants using vouchers. In our correspondence experiment, signaling voucher status cuts landlord responses in half. This voucher penalty increases with posted rent and varies little with signals of tenant quality and race. We repeat the experiment after a policy change and test how landlords respond to raising voucher payment limits by $450 per month in high-rent neighborhoods. Most landlords do not change their screening behavior; those who do respond are few and operate at small scale. Our results suggest a successful, systematic policy ...
Working Papers
, Paper 19-02R2
Working Paper
Racial Disparities in Frontline Workers and Housing Crowding during COVID-19: Evidence from Geolocation Data
Almagro, Milena; Gupta, Arpit; Coven, Joshua; Orane-Hutchinson, Angelo
(2020-09-23)
We document that racial disparities in COVID-19 in New York City stem from patterns of commuting and housing crowding. During the initial wave of the pandemic, we find that out-of-home activity related to commuting is strongly associated with COVID-19 cases at the ZIP Code level and hospitalization at an individual level. After layoffs of essential workers decreased commuting, we find case growth continued through household crowding. A larger share of individuals in crowded housing or commuting to essential work are Black, Hispanic, and lower-income. As a result, structural inequalities, ...
Opportunity and Inclusive Growth Institute Working Papers
, Paper 37
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