The place premium: Bounding the price equivalent of migration barriers
Author
dc.contributor.author
Clemens, Michael A.
Author
dc.contributor.author
Montenegro Muñoz, Claudio
Author
dc.contributor.author
Pritchett, Lant
Admission date
dc.date.accessioned
2019-10-22T03:11:18Z
Available date
dc.date.available
2019-10-22T03:11:18Z
Publication date
dc.date.issued
2019
Cita de ítem
dc.identifier.citation
Review of Economics and Statistics, Volumen 101, Issue 2, 2019, Pages 201-213
Identifier
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15309142
Identifier
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00346535
Identifier
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10.1162/rest_a_00776
Identifier
dc.identifier.uri
https://repositorio.uchile.cl/handle/2250/171908
Abstract
dc.description.abstract
Large international differences in the price of labor can be sustained by differences between workers or by natural and policy barriers to worker mobility. We use migrant selection theory and evidence to place lower bounds on the ad valorem equivalent of labor mobility barriers to the United States, with unique nationally representative microdata on both U.S. immigrant workers and workers in their 42 home countries. The average price equivalent of migration barriers in this setting for low-skill men is greater than $13,700 per worker per year. Natural and policy barriers may each create annual global losses of trillions of dollars.