Do You Want a Wall, Promote Economic Freedom: An Analysis of Illegal Immigration in the USA using Heteroscedasticity-Based Identification

2020 ◽  
Author(s):  
Rafael A Acevedo ◽  
Juan M. Bogado
2020 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Indu Khurana ◽  
Dmitriy Krichevskiy ◽  
Gregory Dempster ◽  
Sean Stimpson

PurposeThis paper aims to examine how economic freedom impacts the initial choice of legal structure for startup firms. The authors do this by first exploring whether economic freedom is an essential determinant of the initial legal form of organization (LFO). The authors then explore the impact of economic freedom on firms' choice of changing their initial legal structure over time and how this change impacts their survival rate.Design/methodology/approachThe authors employ a multinomial logistic regression model to measure the initial determinants of LFO by utilizing an eight-year panel data set of 4,928 startups in the USA through the Kauffman firm survey and merge it with the Economic Freedom in North American index from the Fraser Institute. The authors then employ a logistic regression model to examine the determinants facilitating a change in legal structure over time.FindingsThe results show that economic freedom is a significant determinant in the choice of legal structure. The findings also report that the majority of startups do not change their legal form, but of those that do change the legal structure show a higher survival rate.Research limitations/implicationsMajor limitations are the size of the data and the nature of somewhat limited economic freedom differences with the USA. More nuanced measures of economic freedom would be highly desirable.Practical implicationsPolicymakers should take note that limited red tape, smoothly working labor markets and straightforward processes for changes of legal structures of organizations would improve survival and growth odds for entrepreneurs.Originality/valueDrawing on the theory of institutions, the authors attempt to bridge a gap in the literature by explicitly analyzing the determinants of the legal structure in startups in light of economic freedom. Institutional factors do not work in isolation; therefore, the authors also employ traditional entrepreneur-specific variables that affect the choice of legal structure in addition to the institutional framework.


2020 ◽  
Vol 39 (2) ◽  
Author(s):  
Faisal Abbas ◽  
Dr. Noshaba Batool ◽  
Fiaz Ahmad Sulehri

This study aims to explore investment, financial, and trade freedom impact on banks’ risk-taking. A unique dataset of large commercial banks of the USA covering the period 2002-2018 is used. The findings prove that financial freedom reduces the bank’s risk-taking whereas investment and trade freedom increase the risk-taking of large commercial banks in the observed period. The behavior of risk-taking due to financial, trade and investment freedom of under-capitalized and low-liquid banks seems to be marginally less impacted as compared to well-capitalized and high-liquid banks. The findings are robust using loan loss reserves as a risk measure and subclassification of a sample. The results suggest that the intervention of the government is decisive in developing the degree of economic freedom for the stability of the financial system.


2018 ◽  
Vol 25 ◽  
pp. 33-43
Author(s):  
Maria Falska

“Crossing the Northern Border”: illegal immigration depicted in Mexican drama Hugo Salcedo, Víctor Hugo Rascón Banda, Jaime ChabaudThis paper presents a comparative study of three Mexican dramas: Los ilegales 1979 by Víctor Hugo Rascón Banda, El viaje de los cantores 1988 by Hugo Salcedo, and Oc ye nechca érase una vez 2008 by Jaime Chabaud. These plays share the theme of Mexican citizens’ immi­gration to the USA. The ways in which parts of a dramatic play such as character, time and set­ting are constructed, will be examined to decipher how the authors’ focus on the most alarming feature of the Mexican reality, namely mass migration. The reasons behind the mass emigration from Mexico to the USA are both economy and people’s lack of sense of security. As this study delineates, the mass emigration depicted in the presented dramas is characterized as illegal and inhumane. The analysis of the three dramas demonstrates that their dramatic structures convey a definite ideological message.


2020 ◽  
Vol 58 (5) ◽  
pp. 183-193
Author(s):  
SeyedSoroosh Azizi ◽  
Kiana Yektansani

2001 ◽  
Vol 120 (5) ◽  
pp. A16-A16 ◽  
Author(s):  
N VAKIL ◽  
S TREML ◽  
M SHAW ◽  
R KIRBY

2006 ◽  
Vol 18 (4) ◽  
pp. 160-173 ◽  
Author(s):  
Maria Senokozlieva ◽  
Oliver Fischer ◽  
Gary Bente ◽  
Nicole Krämer

Abstract. TV news are essentially cultural phenomena. Previous research suggests that the often-overlooked formal and implicit characteristics of newscasts may be systematically related to culture-specific characteristics. Investigating these characteristics by means of a frame-by-frame content analysis is identified as a particularly promising methodological approach. To examine the relationship between culture and selected formal characteristics of newscasts, we present an explorative study that compares material from the USA, the Arab world, and Germany. Results indicate that there are many significant differences, some of which are in line with expectations derived from cultural specifics. Specifically, we argue that the number of persons presented as well as the context in which they are presented can be interpreted as indicators of Individualism/Collectivism. The conclusions underline the validity of the chosen methodological approach, but also demonstrate the need for more comprehensive and theory-driven category schemes.


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