Prof. Cadena has examined the immigration responses to policies and labor market shocks including welfare reform, the minimum wage, and the great recession. He has also examined incomplete take-up of interest-free student loans and the role of impatience in suboptimal human capital investment, including high school and college dropout behavior. In ongoing research, he is examining the role of the business cycle in college major choices and the role of migrant networks in transmitting economic shocks across international boundaries.
keywords
immigration, local labor markets, internal migration, welfare policy, human capital, behavioral economics
