RT Journal Article SR Electronic T1 Declining Outmigration and Local Labor Markets JF Journal of Human Resources JO J Hum Resour FD University of Wisconsin Press SP 1219-10616R3 DO 10.3368/jhr.1219-10616R3 A1 Conover, Emily A1 Khamis, Melanie A1 Pearlman, Sarah YR 2021 UL http://jhr.uwpress.org/content/early/2021/08/02/jhr.1219-10616R3.abstract AB We estimate the effects of the unprecedented decline in Mexican net migration from 2006 to 2012 on labor markets in Mexico. We employ an instrumental variable strategy that isolates demand for Mexican labor in the U.S. and relies on historical migration patterns. We find that lower educated groups are more affected by the labor supply shock and remittance decline. The labor supply shock also generated declines in self-employment and increases in salaried work for lower and highly educated groups, indicating impacts beyond the would-be migrant group. Our findings are relevant in a global context where migration restrictions are more prevalent.