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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.
URLhttps://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.
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