Does "Higher Wall" hinder immigration?

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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.

Original languageEnglish
Pages (from-to)34-38
Number of pages5
JournalResearch in World Economy
Volume9
Issue number1
DOIs
Publication statusPublished - 2018 Jan 1

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Keywords

  • Higher wall
  • Immigration
  • Optimal stopping theory
  • Value of waiting

ASJC Scopus subject areas

  • Economics, Econometrics and Finance (miscellaneous)
  • Sociology and Political Science
  • Political Science and International Relations
  • Industrial relations

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