As of 2019, more than 1.2 million Venezuelans have passed through Ecuador and over 400,000 settled in, which amounts to almost 3% of Ecuador's population. This paper analyzes the location choices of Venezuelan migrants within Ecuador and the labor market consequences of these choices, using data...

Ecuador became the third largest receiver of the 4.3 million Venezuelans who left their country in the last five years, hosting around 10 percent of them. Little is known about the characteristics of these migrants and their labor market outcomes. This paper fills this gap by analyzing a new...

This paper analyzes the spatial distribution of refugees over 1987–2017 and establishes several stylized facts about refugees today compared with past decades. Refugees still predominantly reside in developing countries neighboring their country of origin. However, compared to past decades,...

This paper studies the cross-country patterns of risky innovation and growth through the lens of international trade. It uses a simple theoretical framework of risky quality upgrading by firms under varying levels of financial development to derive two predictions. First, the mean rate of...