Guzman, Mark G.; Haslag, Joseph H.; Orrenius, Pia M. - Federal Reserve Bank of Dallas - 2002
Illegal immigration and border enforcement in the United States have increased concomitantly for over thirty years. One … interpretation is that U.S. border policies have been ineffective. We offer an alternative view, extending the current immigration … in smuggling, while illegal immigration increases. In the high-capital steady state, a technology shock causes the …