For many observers the beginning of a dynamic economic and stock market upswing in the U.S. in the mid 1990s marked the start of a new era, the times of the new economy. This phenomenon has been under intense discussion ever since - both in the political arena as well as among scientists....

This paper reviews recent Mexico-US migration patterns and US reactions to Mexican immigration, explores why there may be a migration hump with two very different economies integrate, and discusses the policy options to deal with the extra migration associated with economic integration in North...