We investigate the cyclicity of the income distribution and quantify the relation with the business cycle. We apply standard turning point analysis and filtering techniques to a large microdataset of US individual incomes that combines survey data, tax records and national accounts. We document...

The effects of immigration are reasonably well understood in developed countries, but they are far more poorly understood in developing ones despite the importance of these countries as immigrant destinations. We address this shortcoming by studying the effects of immigration to Brazil during...