Labor Market Outcomes, Savings Accumulation, and Return Migration
Murat Kırdar ()
MPRA Paper from University Library of Munich, Germany
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.
Keywords: International Migration; Capital Accumulation; Unemployment; Duration Analysis (search for similar items in EconPapers)
JEL-codes: F22 C41 J61 (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-lab and nep-mig
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Journal Article: Labor market outcomes, savings accumulation, and return migration (2009)
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Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:7128
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