All US trips | Last US trip | ||
---|---|---|---|
(1) | (2) | (3) | |
US annual unemployment rate | 1.005 | 1.000 | 0.984 |
(0.009) | (0.018) | (0.021) | |
Mexico annual unemployment rate | 0.876 | 1.000*** | 1.000 |
(0.749) | (0.00001) | (0.00001) | |
Exchange rate (USD/Peso) | 0.957*** | 0.968*** | 0.975*** |
(0.005) | (0.007) | (0.008) | |
Monthly wage in the US | 0.999*** | ||
(0.0001) | |||
Wage squared | 1.000*** | ||
(3.17e −08) | |||
Log pseudolikelihood | –97,534.874 | –24,786.22 | –19,546.70 |
Num. of obs | 12,520 | 4370 | 3548 |