来源类型 | Publication
|
| The Return Motivations of Legal Permanent Migrants: Evidence from Exchange Rate Shocks and Immigrants in Australia |
| Paolo Abarcar
|
发表日期 | 2017-12-01
|
出版者 | Journal of Economic Behavior and Organization, vol. 144
|
出版年 | 2017
|
语种 | 英语
|
概述 | This paper uses exogenous exchange rate shocks arising from the 1997 Asian Financial Crisis to distinguish between the motivations of Australian immigrants to return to their home country.", |
摘要 |
Key Findings:
- Legal permanent migrants in Australia are motivated to return to their home country by home country conditions.
- A 10% depreciation of a migrant’s home country currency leads to an almost 10% reduced probability that the migrant will return to her home country.
- Migrants seek to optimally time their return, rather than to decide whether to return, on the basis of favorable home country conditions.
- Results are consistent with the story that migrants return home not because they are target-earners, but because of life-cycle considerations.
Why do legal permanent migrants return to their home countries? How do home country conditions influence such a decision? This paper uses exogenous exchange rate shocks arising from the 1997 Asian Financial Crisis to distinguish between the motivations of Australian immigrants to return to their home country. A 10 percent favorable shock (a depreciation in a migrant’s home country currency) leads to an almost 10 percent reduced likelihood of return in a two year period. The effect is stronger for those with pre-existing intentions to return, weaker for those undecided, and zero for those who initially desired to stay. These results favor a life-cycle explanation for migrant behavior and reject the theory that migrants are target earners who seek to invest upon return home. |
URL | https://www.mathematica.org/our-publications-and-findings/publications/ja-the-return-motivations-of-legal-permanent-migrants-evidence-from-exchange-rate-shocks
|
来源智库 | Mathematica Policy Research (United States)
|
资源类型 | 智库出版物
|
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/489085
|
推荐引用方式 GB/T 7714 |
Paolo Abarcar. The Return Motivations of Legal Permanent Migrants: Evidence from Exchange Rate Shocks and Immigrants in Australia. 2017.
|
除非特别说明,本系统中所有内容都受版权保护,并保留所有权利。