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Money and Migration: Firm Behavior and Labor Immigration Policy / Clara Yen Yin Lee.

Dissertations & Theses @ University of Pennsylvania Available online

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Format:
Book
Thesis/Dissertation
Author/Creator:
Lee, Clara Yen Yin, author.
Contributor:
University of Pennsylvania. Political Science, degree granting institution.
Language:
English
Subjects (All):
Political science.
Political Science--Penn dissertations.
Penn dissertations--Political Science.
Local Subjects:
Political science.
Political Science--Penn dissertations.
Penn dissertations--Political Science.
Physical Description:
1 online resource (208 pages)
Distribution:
Ann Arbor : ProQuest Dissertations & Theses, 2023
Contained In:
Dissertations Abstracts International 85-08A.
Place of Publication:
[Philadelphia, Pennsylvania] : University of Pennsylvania, 2022.
Language Note:
English
Summary:
What shapes labor immigration policies? This dissertation explores in particular the macroeconomic environment and the influence of firms as key determinants. It argues that monetary policy plays a pivotal role in shaping labor immigration policy through its influence on the economic and political behavior of firms. Specifically, the expansion of monetary policy results in lower borrowing costs, motivating profit-seeking firms to expand, invest, and increase their demand for labor, including immigrant workers. This, in turn, drives firms to lobby for labor immigration liberalization. Notably, multinational corporations (MNCs) are expected to wield a stronger influence on the policymaking process due to their superior lobbying capabilities compared to their domestic counterparts. To empirically test this theory, I construct a novel labor immigration dataset to track changes in labor immigration across 25 high-income democracies over 50 years. This dataset is analyzed alongside monetary policy indicators and other economic and institutional factors through regression models. Case studies of Canada and Japan were also employed to provide detailed insight into the underlying causal processes. The empirical evidence uncovered emphasizes the significant impact of MNCs' borrowing costs on labor immigration policy changes, highlighting their size and favorable borrowing conditions that enable effective lobbying. This research not only contributes to the burgeoning field of labor immigration but also enhances our understanding of firm behavior and the outsized role of MNCs in policymaking.
Notes:
Source: Dissertations Abstracts International, Volume: 85-08, Section: A.
Advisors: Mansfield, Edward D.; Committee members: Gray, Julia C.; Hopkins, Daniel J.
Department: Political Science.
Ph.D. University of Pennsylvania 2023.
Local Notes:
School code: 0175
ISBN:
9798381472141
Access Restriction:
Restricted for use by site license.

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