The savings behavior of temporary and permanent migrants in Germany
This paper examines the relative savings position of migrant households in West Germany paying particular attention to differences between temporary and permanent migrants. Our findings reveal significant differences in the savings rates between German natives and immigrants. If remittances are trea...
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Veröffentlicht in: | Journal of population economics 2011-04, Vol.24 (2), p.421-449 |
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description | This paper examines the relative savings position of migrant households in West Germany paying particular attention to differences between temporary and permanent migrants. Our findings reveal significant differences in the savings rates between German natives and immigrants. If remittances are treated as savings, however, migrants who intend to return to their home country save significantly more than comparable natives. The results of a decomposition analysis indicate that slightly more than half of the differences in the savings rate between Germans and permanent migrants and almost 70% between temporary and permanent migrants can be attributed to differences in observable characteristics. |
doi_str_mv | 10.1007/s00148-010-0306-z |
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Our findings reveal significant differences in the savings rates between German natives and immigrants. If remittances are treated as savings, however, migrants who intend to return to their home country save significantly more than comparable natives. The results of a decomposition analysis indicate that slightly more than half of the differences in the savings rate between Germans and permanent migrants and almost 70% between temporary and permanent migrants can be attributed to differences in observable characteristics.</description><subject>Altruism</subject><subject>Arithmetic mean</subject><subject>Children</subject><subject>Comparative analysis</subject><subject>Decomposition</subject><subject>Demography</subject><subject>Economic theory</subject><subject>Economics</subject><subject>Economics and Finance</subject><subject>Germany</subject><subject>Homes</subject><subject>Host country</subject><subject>Households</subject><subject>Human migration</subject><subject>Immigrant populations</subject><subject>Immigrants</subject><subject>Interest rates</subject><subject>International migration</subject><subject>Labor Economics</subject><subject>Measurement</subject><subject>Migrant workers</subject><subject>Migrants</subject><subject>MIGRATION</subject><subject>Net income</subject><subject>Noncitizens</subject><subject>Original Paper</subject><subject>Population Economics</subject><subject>Remittances</subject><subject>Savings</subject><subject>Savings rates</subject><subject>Social Policy</subject><subject>Socioeconomics</subject><subject>Studies</subject><subject>Temporary 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subjects | Altruism Arithmetic mean Children Comparative analysis Decomposition Demography Economic theory Economics Economics and Finance Germany Homes Host country Households Human migration Immigrant populations Immigrants Interest rates International migration Labor Economics Measurement Migrant workers Migrants MIGRATION Net income Noncitizens Original Paper Population Economics Remittances Savings Savings rates Social Policy Socioeconomics Studies Temporary employment |
title | The savings behavior of temporary and permanent migrants in Germany |
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