Autore: Dustmann, Christian
Titolo: Migration, savings and uncertainty
Periodico: European University Institute of Badia Fiesolana (Fi). Department of Economics - Working papers
Anno: 1992 - Fascicolo: 84 - Pagina iniziale: 1 - Pagina finale: 27

This paper analyzes savings behavior and migration decisions of temporary migrants. Special attention is given to the impact of a stochastic environment on the migrant’s choice. The paper emphasizes two aspects which are likely to explain to some extend the relatively high savings of migrant workers: savings due to life cycle motives, and savings due to precautionary motives. Furthermore, the impact of uncertainty about future income on the migration decision as such and on the time the migrant wishes to stay in the host country is analyzed. The results show that the effect o f uncertainty on the time the migrant intends to stay abroad is ambiguous. It depends not only in sign, but also in size on the utility structure of the migrant worker as well as on characteristics of the economies of host- and home country.


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Testo completo: http://hdl.handle.net/1814/435

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