BANCO DE MÉXICO PUBLICATIONS
I collaborate in the design and elaboration of Banco de México's Financial Markets Competition Reports. These are available at:
http://www.bancodemexico.gob.mx/publicaciones-y-discursos/publicaciones/informes-periodicos/reporte-sobre-las-condiciones-de-competencia-en-lo/reporte-condiciones-competenc.html
WORKING PAPERS
Explaining the Decline in High Skill Employment in the 2000s:
Abstract: The slowdown in the growth of the level of employment in high-skill occupations has resulted in a slight decrease in the share of the working population employed in high skill occupations beginning around the year 2000. This paper shows that this decrease is driven by demographic changes associated with the exit from the high skill employment of the first baby boom generation, which had a high rate of high skill occupation employment. It then provides evidence that suggests that the slowdown of high-skill employment is not caused by a negative demand shock. The finding suggests that the US economy has experienced a negative supply shock and that the slowdown in the share of individuals employed in high-skill occupations will continue further.
Migration and Credit Constraints: Evidence from Mexico and the United States
Abstract: I estimate the impact of increased access to bank credit on migration from Mexico to the United States for households with members belonging to the formal and informal sectors of the economy. I exploit the opening of 824 branches across Mexico in October 2002 of a Bank that targets lower income households, Banco Azteca. I first provide evidence of an increase in credit and an increase in migration rates for individuals living in municipalities with presence of Banco Azteca.
WORK IN PROGRESS
Are all good men gone? Male Migration and Female Labor Market Outcomes: Evidence from Mexico
Joint with Gabriela Rubio
Abstract: This paper focuses on understanding the consequences of male migration on female labor market outcomes. In many regions around the world, migration from less developed to more developed countries is fundamentally a male phenomenon. In Mexico, for example, we have documented that, due to the high proportion of men in the migrant population, municipalities with higher migration rates have lower male/female ratios. Apart from its effects on the marriage market, so long as some towns (especially rural) can be treated as separate labor markets, male migration might affect female's labor force participation and human capital accumulation depending of the substitutability of male and female labor. The goal of the project is to understand to what degree has the large migration of Mexicans to the United States in the second half of the twentieth century affected the labor force participation and schooling of women in Mexico. The empirical strategy is based on constructing measures of shocks to the demand for migrant labor in the United States and using these to instrument male migration rates. The following step is to document the reduced form effect of male migration on: (i) female's entry into the labor force; (ii) wages; (iii) human capital accumulation; and (iv) finally, on the elasticity of substitution between men and women in these communities. The conclusions of this study can inform debates about the welfare implications of Mexico-US migration. To our knowledge, there is no empirical evidence on the channel we are studying.
I collaborate in the design and elaboration of Banco de México's Financial Markets Competition Reports. These are available at:
http://www.bancodemexico.gob.mx/publicaciones-y-discursos/publicaciones/informes-periodicos/reporte-sobre-las-condiciones-de-competencia-en-lo/reporte-condiciones-competenc.html
WORKING PAPERS
Explaining the Decline in High Skill Employment in the 2000s:
Abstract: The slowdown in the growth of the level of employment in high-skill occupations has resulted in a slight decrease in the share of the working population employed in high skill occupations beginning around the year 2000. This paper shows that this decrease is driven by demographic changes associated with the exit from the high skill employment of the first baby boom generation, which had a high rate of high skill occupation employment. It then provides evidence that suggests that the slowdown of high-skill employment is not caused by a negative demand shock. The finding suggests that the US economy has experienced a negative supply shock and that the slowdown in the share of individuals employed in high-skill occupations will continue further.
Migration and Credit Constraints: Evidence from Mexico and the United States
Abstract: I estimate the impact of increased access to bank credit on migration from Mexico to the United States for households with members belonging to the formal and informal sectors of the economy. I exploit the opening of 824 branches across Mexico in October 2002 of a Bank that targets lower income households, Banco Azteca. I first provide evidence of an increase in credit and an increase in migration rates for individuals living in municipalities with presence of Banco Azteca.
WORK IN PROGRESS
Are all good men gone? Male Migration and Female Labor Market Outcomes: Evidence from Mexico
Joint with Gabriela Rubio
Abstract: This paper focuses on understanding the consequences of male migration on female labor market outcomes. In many regions around the world, migration from less developed to more developed countries is fundamentally a male phenomenon. In Mexico, for example, we have documented that, due to the high proportion of men in the migrant population, municipalities with higher migration rates have lower male/female ratios. Apart from its effects on the marriage market, so long as some towns (especially rural) can be treated as separate labor markets, male migration might affect female's labor force participation and human capital accumulation depending of the substitutability of male and female labor. The goal of the project is to understand to what degree has the large migration of Mexicans to the United States in the second half of the twentieth century affected the labor force participation and schooling of women in Mexico. The empirical strategy is based on constructing measures of shocks to the demand for migrant labor in the United States and using these to instrument male migration rates. The following step is to document the reduced form effect of male migration on: (i) female's entry into the labor force; (ii) wages; (iii) human capital accumulation; and (iv) finally, on the elasticity of substitution between men and women in these communities. The conclusions of this study can inform debates about the welfare implications of Mexico-US migration. To our knowledge, there is no empirical evidence on the channel we are studying.