Kirdar, Murat (2008): Labor Market Outcomes, Savings Accumulation, and Return Migration.
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In this paper, I test the savings accumulation conjecture that is used to rationalize return migration decisions in the context of immigrants in Germany. Using cross-country and time variation in purchasing power parity, I distinguish between the two competing capital accumulation conjectures (human capital vs. savings accumulation) and uncover evidence for the savings accumulation conjecture. In addition, I examine how labor market outcomes influence return decisions. A key finding here is that unlike previous studies which find a positive impact of unemployment on return migration, I find that the direction of the impact of unemployment changes by the spell length.
|Item Type:||MPRA Paper|
|Original Title:||Labor Market Outcomes, Savings Accumulation, and Return Migration|
|Keywords:||International Migration; Capital Accumulation; Unemployment; Duration Analysis|
|Subjects:||F - International Economics > F2 - International Factor Movements and International Business > F22 - International Migration
C - Mathematical and Quantitative Methods > C4 - Econometric and Statistical Methods: Special Topics > C41 - Duration Analysis; Optimal Timing Strategies
J - Labor and Demographic Economics > J6 - Mobility, Unemployment, and Vacancies > J61 - Geographic Labor Mobility; Immigrant Workers
|Depositing User:||Murat Kirdar|
|Date Deposited:||13. Feb 2008 09:36|
|Last Modified:||19. Feb 2013 20:01|