Does “Higher Wall” Hinder Immigration?
Abstract
In the present paper, we examine if “higher wall” really hinders immigration i.e., if tightening of border enforcement reduces immigration. The framework we construct is a stochastic one where an individual intends immigration under uncertainty that is expressed by geometric Brownian motion. It is revealed that “higher wall”, contrary to the intention of regulatory authorities, does not hinder immigration.
Full Text:
PDFDOI: https://doi.org/10.5430/rwe.v9n1p34
Research in World Economy
ISSN 1923-3981(Print)ISSN 1923-399X(Online)
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