Home, Sweet Home: Returns to Returning in the Age of Mass Migration

Olof Ejermo, Kerstin Enflo, Björn Eriksson (bjorn.eriksson@ekh.lu.se) and Erik Prawitz
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Björn Eriksson: Department of Economic History, Lund University, Postal: Department of Economic History, Lund University, Box 7083, S-220 07 Lund, Sweden

No 243, Lund Papers in Economic History from Lund University, Department of Economic History

Abstract: Studying migrants from Sweden to the United States, we provide new evidence on return migration during the Age of Mass Migration. Focusing on a sample of migrants and stayers observed in childhood, we document limited effects on income and occupational upgrading, but large effects on wealth. Male returnees held about twice as much wealth as stayers and about 40 percent more than staying brothers. These effects were likely driven by accumulated savings overseas, rather than inheritance or an income premium back home. For female returnees, wealth effects are of similar magnitude, but appear to be realized primarily through marriage.

Keywords: emigration; returnees; selection; return location; occupational and social upgrading; income and wealth (search for similar items in EconPapers)
JEL-codes: F22 J24 J62 N13 O15 (search for similar items in EconPapers)
Pages: 82 pages
Date: 2022-11-17
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Working Paper: Home, Sweet Home: Returns to Returning in the Age of Mass Migration (2022)
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