Sep
22
Spatial Equilibrium and Haitian Immigration to the U.S
Politico reports on the policy challenge that the Biden Administration faces. There are thousands of Haitian immigrants living in squalid conditions under the Del Rio International Bridge.
A dynamic incentives issue arises.
Some Microeconomics of Extreme Heat Exposure in the United States
The Biden Administration has made an announcement that it seeks to protect outdoor workers from extreme heat exposure. What does the theory of compensating differentials in real estate markets and labor markets teach us about exposure to high temperatures.
I maintain two assumptions.