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The Impact Of Immigration On Unemployment And Wages In The United States: Evidence From Seven States, Carol Ohenewa Bruce-Tagoe
The Impact Of Immigration On Unemployment And Wages In The United States: Evidence From Seven States, Carol Ohenewa Bruce-Tagoe
Masters Theses
Immigration and Immigration policies have been a source of debate for political parties in the United States, especially its impact on the labor market. This research investigates how immigration affects unemployment and wages in the U.S. by using a balanced panel dataset of seven states from 2007 to 2019. The states (California, New York, Florida, Texas, New Jersey, Illinois, and Massachusetts) sampled recorded the highest immigrant population and contain key gateway cities. I estimate two models: unemployment growth rate, and wages growth rate. The results of the pooled OLS estimation confirm that immigration has a trivial impact on the U.S. …
A Comparative Analysis On Output Gap - Inflation Relation: The New Keynesian Approach, Oladimeji Tomiwa Shodipe
A Comparative Analysis On Output Gap - Inflation Relation: The New Keynesian Approach, Oladimeji Tomiwa Shodipe
Masters Theses
The thrust of this research paper is to examine the inflation information that is contained in the output gap using the New Keynesian Phillips Curve framework. As informed by the model, the study also sets to investigate inflation persistence and the influence of forward inertia on the current inflation. This paper follows the Gali and Monacelli (2005) of the small open-economy type of model. However, the current study differs by introducing external factors (trade and real exchange rate) not only on the hybrid model, also on the backward, forward and the hybrid restricted models for time-series data (1971-2017) of all …