Date of Award
5-2019
Degree Type
Creative Project
Degree Name
Master of Science (MS)
Department
Economics and Finance
Committee Chair(s)
Tyler Brough
Committee
Tyler Brough
Committee
Ben Blau
Committee
Paul Fjeldsted
Abstract
This paper studies the impact of immigration policy on financial markets. I estimate the cumulative abnormal returns surrounding two events the effective start date of the Immigration Act of 1990 and the implementation of the Temporary Protected Status (TPS) of Nicaragua and Honduras in 1999. Focusing on agriculture, construction, and manufacturing firms, I find that the CARs surrounding the events are indeed positive and significant, suggesting that the market anticipated growth among industries that are likely to hire Central American immigrants.
Recommended Citation
Baker, Jesse, "The Impact of Immigration on Financial Markets" (2019). All Graduate Plan B and other Reports, Spring 1920 to Spring 2023. 1364.
https://digitalcommons.usu.edu/gradreports/1364
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