This paper examines the optimal migration duration of Mexican immigrants in the USA using individual-level data from the Mexican Migration Project (MMP). A simple theoretical model rationalizes the decision of the migrant to return to Mexico, despite higher wages in the USA. I use the Cox...

In a competitive market situation, a symmetric price transmission is expected, and the speed of adjustment of the market should be equal, no matter in which direction input prices are going (up or down). When inputs' prices increase, firms need to pass on costs to avoid negative profit...