TAILIEUCHUNG - DHS AND IMMIGRATION: TAKING STOCK AND CORRECTING COURSE

However, it has been recently shown (Gabaix, 2010) that the cross sectional distribution of firms’ size matters a lot for the validity of this assumption. If the distribution of firms’ size has fat tails, then firm-level shocks may propagate to the overall economy. Gabaix indeed showed that the idiosyncratic shocks to the rate of growth in the sales of the largest US firms can predict the one-quarter-ahead growth rate of the US GDP. | MIGRATION POLICY J INSTITUTE DHS and Immigration Taking Stock and Correcting Course By Doris Meissner and Donald Kerwin Migration Policy Institute February 2009 Acknowledgments This report would not have been possible without the contributions of the distinguished groups of government officials stakeholders congressional staff state and local law enforcement officials advocates and policy experts convened by MPI over the course of four roundtable meetings covering the Department of Homeland Security s three immigration agencies and intraagency policymaking and coordination. A list of meeting participants can be found in Appendix III. They represent some of the most knowledgeable and insightful persons in the immigration field. MPI would particularly like to thank past and present members of DHS for their time expertise and engagement in this project. Their observations and assistance have been invaluable. At the same time the analyses and recommendations the report makes are entirely those of the authors and do not reflect a consensus from the discussions nor the views of any participant individually or as a group. Many individuals at MPI have collaborated on this project by contributing valuable language and ideas. These include Muzaffar Chishti the Director of MPI s Office at New York University School of Law Susan Ginsburg Director of MPI s Mobility and Security Program Marc Rosenblum Senior Policy Analyst at MPI and James Ziglar an MPI Senior Fellow. We would particularly like to acknowledge the extensive research and analysis provided by Elizabeth Dennison a Presidential Management Fellow at US Immigration and Citizenship Services who spent one of her fellowship rotations with MPI. Liz worked tirelessly and made innumerable contributions over her five months with us. We would also like to thank Raymond Tolentino an MPI intern for his assistance and support. We wish to express our immense gratitude to Lisa Dixon MPI Events Coordinator for handling the .

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