Visa restrictions and economic exchange : an empirical investigation

• Main Authors: Han, Jie Chou, Ho, Wei Feng, Ng, Bryan Wei Hsiang
• Other Authors: School of Humanities and Social Sciences
• Format: Final Year Project
• Language: English
• Published: 2017
• Subjects: DRNTU::Social sciences::Economic theory::Macroeconomics
• Online Access: http://hdl.handle.net/10356/70337
• Institution: Nanyang Technological University

This paper examines the effect of visa restrictions on economic exchange and migration flows. Previous studies have not addressed the endogeneity bias of visa restrictions as a result of reverse causality and omitted variable bias. We deal with the endogeneity bias by instrumenting visa restri...