Explore the vast range of titles available.

It is decrease in the supply of immigrants can only increase native wages if immigrants and natives are substitutes for one another; in other words, if they compete for the same jobs. According to the types of his policies, President Trump appears to believe that natives and immigrants compete for both low-skilled and high-skilled jobs. Low-skilled native workers would be helped by the wall as they would face less competition from illegal immigrants. High-skilled workers would face less competition from immigrants who arrive on H-1B visas and who work in high technology jobs.An alternative view supported by much of the academic literature is that natives and immigrants largely take different types of jobs, potentially because they have different comparative advantages, even among less educated workers. If so, then the native wage response to a reduced supply of immigrant workers would not be large if it existed at all. It is not difficult to find examples of occupations that native workers do not enter, such as seasonal farm labor (Clemens 2013). However, those occupations could simply be isolated examples or potentially anecdotal.

Governments in some of the world’s richest nations appear to be caught in a double challenge of declining social budgets even as social needs are increasing. In this context, Outcomes Based Commissioning (OBC), has been suggested as one way in which ‘more’ social services can be provided for ‘less’ public resources. This form of commissioning is often linked with a new financing tool for social services, referred to in the US as ‘Pay for Success and Payment by Results in the UK or as a ‘Social Impact Bond’ (SIB). However, to date, this approach is under-theorised and this is a limiting factor both for shaping a research and evaluation agenda around SIBs and in understanding how such instruments might develop in future. Without a theoretical rationale for SIBs, it is not straightforward to assess whether, and how well, they have achieved their goals, and how they might be developed further. In this paper we consider two broad approaches to theorising SIBs. One draws on public administration theories, the other on innovation theories. To date, SIBs have often been theorised as the logical next step in the New Public Management (NPM). But NPM itself is a contested theory and recent theoretical innovations in public administration, particularly the concept of New Public Governance might provide a more useful theoretical framework. A second broad approach through which to understand SIBs is their potential to improve the rate and dissemination of innovation. There are many different innovation models that might be applied to better understanding of SIBs. We look first at the concept of Open Innovation with its focus on distributed innovation processes in which knowledge flows across organisational boundaries and more recent articulations – Open Innovation 2.0 – which place greater emphasis on mixed economy collabarations involving: industry; government; universities; and communities and users (the so-called ‘quadruple helix’) to solve societal challenges. We go on to consider social innovation, with its clearer focus on using social means to deliver social outcomes and whether SIBs can be theorised through this lens. No one model is entirely satisfactory as an explanatory framework for SIBs and we conclude by suggesting that a supporting theory combining NPG with elements of Open Innovation 2.0 and social innovation might be a productive approach for shaping future research and, in addition, might suggest some future directions for the next generation of SIBs.

Access to community cultural institutions such as museums, zoos, and theaters has the potential to improve students’ educational experiences. This article estimates the impact of School in the Park, a museum-based educational program for low-income students that takes place within the cultural institutions and museums of San Diego’s Balboa Park. We identify the impact of participation in the program on short- and long-term academic and behavioral outcomes using longitudinal, student-level data since 1996; natural variation in the timing of program implementation at two elementary schools; and control groups of students from schools that did not receive the program. Findings indicate that participation in the program has positive short-term impacts, but program impacts were insignificant in the long run.

This article provides new evidence on the housing-wealth effect on consumption using household panel data. A key advantage in studying the Chinese housing market is the absence of the collateral channel because households are prohibited from withdrawing housing equity. The results show that for every 1% increase in housing wealth, household consumption increases by 0.14%, suggesting an implied marginal propensity to consume out of housing wealth of 0.023. Further, we find that this marginal propensity to consume is the largest among employees who face greater income uncertainty, suggesting that precautionary-saving motives are driving the results.

During the Great Recession in the US, there were distinct housing and labour markets that were particularly hard hit. This was primarily due to the fact that the housing industry had fueled much of the recent economic growth. This article takes advantage of the shock to the construction industry to investigate the responses of Latino immigrants in metropolitan areas that were most heavily concentrated with Latino immigrants in the construction industry. As expected, there were large declines in the proportion of the Latino immigrant population that was working in the construction industry during the recession. There were some shifts of employment in the industry after the recession, but the biggest change was in the number of unemployed. While declines in construction jobs did predict moving out of a metropolitan area, decline in the overall job market had a larger impact on mobility. Finally, we find evidence that those who moved out of the metropolitan area were less likely to be employed, although it is not possible to determine whether they would have been employed in their previous location. 在美国大衰退期间，住房和劳动力市场尤其遭到重创。这主要是因为晚近的经济增长主要是由 住房产业推动的。本文从建筑业遭受的打击切入，探宄了建筑业拉美移民集中度最高的大都市 区中拉美移民的反应。正如预期的，在经济衰退期间，在建筑业从业的拉美移民比例出现了大 幅下滑。衰退期过后，建筑业的就业情况有所变化，但最大的改变是失业人数。虽然建筑施工 工作机会的减少预示着人们会移出大都市区，但整体就业市场的衰退对流动性有着更大的影响 。最后，我们发现证据表明，迁移出大都市区的人获得工作机会的可能性要小，虽然无法确定 他们如果留在原地，是否会得到工作机会。

The recent trend of immigrants arriving in mid‐size metropolitan areas has received growing attention in the literature. This study examines the success of immigrants in the housing markets of a sample of 60 metropolitan areas using Census microdata in both 2000 and 2005. The results suggest that immigrants are less successful in achieving homeownership and more likely to live in overcrowded conditions than native‐born whites of non‐Hispanic origin. The immigrant effect on homeownership differs by geography and by immigrant group. Finally, we find evidence that immigrant networks increase the likelihood of becoming a homeowner.

Research has documented that immigrants have moved in large numbers to almost every metropolitan area and select rural areas in the US. In the midst of these demographic shifts, the country has experienced a profound recession. To date, there has been little research on the impact of the recession on immigrants across the US. Using 2006 and 2009 American Community Survey microdata, the paper assesses how the recent economic crisis has affected Latino and Asian immigrants with respect to two housing outcomes (homeownership and headship) over two important time points in the recent economic cycle. Immigrants have worse housing outcomes and significantly lower mobility rates after the recession. Regression results suggest that the negative impacts from the recession are strongest in the gateway metropolitan areas and that, after controlling for residence in the hardest-hit areas, increases in metropolitan-level unemployment and mortgage delinquency rates have a negative impact on homeownership rates. The results also suggest that, even though the recession has disrupted immigrants' upward trajectory in the housing markets, the effect has not been as severe on immigrants as one might expect. In particular, the places where immigrant populations are newest have not experienced as large a reduction in homeownership as those in the large immigrant gateways. Even in the established gateways, the decline in homeownership has been smaller for immigrants than for US-born households.

Outcomes Based Commissioning (OBC) – for example, Pay for Success (in the US) or Payment by Results (in the UK) – has been suggested as a way to provide ‘more’ social services for ‘less’ public resources. Such commissioning is often linked with an innovative financing tool called a Social Impact Bond (SIB). Using data from the Social Finance UK Database and focusing on SIBs in the US and UK, we evaluate whether the SIB approach aligns with the theoretical predictions of social innovation. The results provide limited evidence that SIBs facilitate capital injections from the private sector into the production of social goods as well as facilitate parts of the process of social innovation – namely, piloting and scaling. We conclude that there is significant variation, both between the US and UK and within the US, in social innovation ecosystems and the role played by SIBs.

Two significant trends have occurred in urban areas across the US during recent decades: immigration and the decentralisation of employment. While each trend has been investigated by research, the magnitude of spatial disparity between immigrant settlement patterns and employment location and its change over time has received much less attention. Using a sample of the 60 largest immigrant metropolitan areas, this study uses a spatial mismatch index and regression methods to address this question over the period 1980–2000. Results indicate that immigrants are more spatially mismatched with job opportunities than the White population, but less so than the Black population. It is found that job growth occurred close to where the native-born Whites concentrate and away from immigrants and other minority populations. However, immigrants' residential location patterns shifted towards employment opportunities and was able to offset the otherwise enlarging spatial disparity.

This paper investigates the impact of shocks in the unemployment rate on household formation. Prior research has shown that negative economic shocks reduce household formation, but does not inform how long the declines in household formation will persist. Using time series data from 1975 to 2011, we examine how households respond to unemployment rate shocks and estimate the length of time it takes for households to return to its original level in a vector autoregressive model. The results demonstrate that household formation falls in the quarter after unemployment increases, and that it can take up to 10 quarters to return its previous level. While this is a substantial length of time, one implication of these results is that even a permanent increase in the unemployment rate will not permanently affect housing formation in the long run.