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Blog Post
June 05, 2024
Addressing the unprecedented levels of irregular migration requires a fundamental shift in understanding the problem: People come whenever there are jobs to be filled in the American economy. It is true today, and it has been true for decades. That is main finding from my new study analyzing nearly ...
WORKING PAPERS
June 05, 2024
This study investigates the link between Southwest US border crossings and labor market tightness, measured by the job openings to unemployed ratio, over nearly 25 years (2000–2023). Analyzing monthly data, it finds a strong positive correlation, suggesting that increased border crossings align with...
Blog Post
March 29, 2024
The US foreign assistance data for FY 2022 is nearly complete, except for some missing Department of Defense, Homeland Security, and Transportation data, and the data reveals some interesting trends. First, FY 2022 did not break the historical record of total obligations, but it came closer than any...
Blog Post
March 14, 2024
Since its inception, DFC has demonstrated its capacity to rapidly increase its investment volume, making use of a higher portfolio cap. Its annual commitments have doubled over the past four years. But the agency has been subject to criticism (including from some at CGD) for insufficiently prioritiz...
Blog Post
December 14, 2023
The US labor market has changed a lot since 1991, but the federal list of shortage occupations, which impacts employers and immigrant workers alike, has not. Now, for the first time in decades, the US Department of Labor (DOL) will soon be seeking information on how the Schedule A shortage occupatio...
WORKING PAPERS
August 29, 2023
The war in Ukraine was associated with large changes in the prices of key food and fuel commodities in 2022 which produced macroeconomic gains for exporters and losses as import costs increased. Across 49 countries benefitting, these gains averaged about 8 percent of GDP and reach up to 36 percent o...
Blog Post
August 28, 2023
We’d been eagerly awaiting an update to DFC’s downloadable project data for insight into the development finance agency’s recent investments and overarching portfolio composition. A new drop finally came earlier this month detailing transactions through FY2022 and timed with the release of DFC’s ina...
Blog Post
July 27, 2023
Last week’s Senate Appropriations Committee markup revealed a vast gulf dividing the Capitol with respect to development and diplomacy funding for the coming fiscal year. The two chambers’ State and Foreign Operations spending bill toplines are more than $9 billion apart, with the House coming in at...
WORKING PAPERS
February 21, 2023
Immigration policy can have important net fiscal effects that vary by immigrants’ skill level. But mainstream methods to estimate these effects are problematic. Methods based on cash-flow accounting offer precision at the cost of bias; methods based on general equilibrium modeling address bias with ...