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Alejandro Parraguez

@alejandroecon.bsky.social
240 followers 306 following 12 posts

PhD Candidate @utaustinecon.bsky.social studying macro, spatial economics and international trade On 2024-2025 #EconJobMarket sites.google.com/view/alejandroparragueztala

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Alejandro Parraguez @alejandroecon.bsky.social · 07/12/2024
↘️ At the aggregate level, deporting 1% of the population reduces long-run output per worker by 1%. So, while initially achieving short-term goals like reducing congestion, these policies can have persistent unintended consequences, taking decades to fully materialize.
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Alejandro Parraguez @alejandroecon.bsky.social · 07/12/2024
As migrants move into newly de-congested regions, local economies respond. ↗️ At the commuting zone level, I find that a 1% rise of migration inflows increases wages and output per worker by 0.15%-0.25% and housing prices by 1%—peaking 4 years after the shock.
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Alejandro Parraguez @alejandroecon.bsky.social · 07/12/2024
But migration is dynamic and responds to such policies. My JMP shows these policies can have unintended effects: as regions become less congested, they attract new migration flows, potentially reversing short-term gains.
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