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Human Capital and Financial Development: Firm-Level Interactions and Macroeconomic Implications
(CAF; Caracas, 2019-12-04)Capital-skill complementarity in production implies non-trivial interactions between availability of human capital and financial constraints. Firms that are constrained in their access to finance hire a lower proportion ... -
Taking One for the Team: Shocks at Destination and Households' Supply of Migrants
(CAF; Buenos Aires, 2017-08-9)We study how unemployment shocks in the United States affect Mexican households’ migration decisions. We emphasize households at origin (as op-posed to individuals) as the decisionmaking units for migration decisions. We ...
