Article
Exchange rates and immigration policy Público Deposited
- Abstract
What explains cross-national and temporal variations in migrant rights? This article
argues that policymakers implement more exclusionary or inclusive policies toward
migrants in response to exchange-rate fluctuations. Since exchange rates affect the
real value of remittances, exchange-rate depreciation of the host state’s currency
makes migration less valuable for existing and potential migrants, while exchangerate
appreciation increases the degree of migrant pressure on the host state by
doing the opposite. This well-documented relationship between exchange rate
valuation and migration movements affects how host country governments craft
immigration policy. Under exchange-rate depreciation, policymakers will implement
more inclusive policies to deter the “exit” of migrants and maintain a stable supply of
labor. Under exchange-rate appreciation, increased migration pressures heighten
public anxiety over immigration in the host country, in turn causing policymakers to
restrict further immigration by implementing more exclusionary policies. Consistent
with the argument, the empirical results show that the purchasing-power-parity
(PPP) currency values of migrants’ home countries are positively correlated with
more pro-migrant policies in host countries.
- Creator
- Date Issued
- 2021
- Academic Affiliation
- Journal Title
- Journal Issue/Number
- 21
- Journal Volume
- 9
- Última modificación
- 2021-05-27
- Resource Type
- Declaración de derechos
- DOI
- Language
- License
Relaciones
- En Collection:
Elementos
Miniatura | Título | Fecha de subida | Visibilidad | Acciones |
---|---|---|---|---|
Shin-2021-Comparative_Migration_Studies.pdf | 2021-05-27 | Público | Descargar |