Wednesday - October 23, 2024
Federal Reserve Bank of St. Louis: 'Heterogeneous Capital Ownership, Partial Democracy and Political Support for Immigration'
October 21, 2024
ST. LOUIS, Missouri, Oct. 21 (TNSres) -- The Federal Reserve Bank of St. Louis issued the following white paper (No. 2024-035A) in October 2024 by Subhayu Bandyopadhyay and Devashish Mitra entitled "Heterogeneous Capital Ownership, Partial Democracy and Political Support for Immigration."

Here are excerpts:

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This paper analyzes and compares equilibrium immigration levels of some popular political economy models in the context of unequal capit . . .

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