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In the absence of distortionary tax and spending policies, freer immigration and trade for a country would often be supported by similar groups thanks to similar impacts on labor income. But government policies that redistribute income may alter the distributional politics. In particular,...
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Recent theoretical work tends to characterize multinational enterprises as arising through either horizontal or vertical foreign direct investment (FDI). Empirical research tends to find stronger support for the former than for the latter. In this paper, we use recent, detailed data on U.S....
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Since the 1960s, the United States has undergone a surge in immigration. The share of the U.S. population that is foreign born surpassed 10% in 2000, with new immigrants accounting for nearly half of recent U.S. population growth. Three policy issues are central to the current debate about...
Persistent link: https://www.econbiz.de/10014121601
In the absence of distortionary tax and spending policies, freer immigration and trade for a country would often be supported by similar groups thanks to similar impacts on labor income. But government policies that redistribute income may alter the distributional politics. In particular,...
Persistent link: https://www.econbiz.de/10013246531