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Do International Agreements Make Reforms More Credible? The Impact of NAFTA on Mexican Stock Prices
Reforms More Credible Mexican Stock Prices
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2015/6/5
This paper argues that international commercial agreements can enhance the credibility of trade
liberalization by mitigating two problems – adverse selection and time-inconsistency – that
sometimes ...
The Supply Side of Innovation: H-1B Visa Reforms and U.S. Ethnic Invention
Technology Patents Ethnicity Characteristics Immigration Innovation and Invention United States
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2015/4/21
This study evaluates the impact of high-skilled immigrants on US technology formation. Specifically, we use reduced-form specifications that exploit large changes in the H-1B visa program. Fluctuation...