An Economic Analysis of Return Migration
This paper develops a model which rationalizes the decision of a migrant to return to his home country, despite a persistent higher wage in the host country, and provides a careful analysis of the optimal duration in the host country. Three motives for a temporary migration are provided: Differences in relative prices in host- and home country, the possibility of accumulating human capital abroad which is only earnings-effective back home, and complementaries between consumption and the location where consumption takes place. The optimal duration in the host country is then investigated, and the analysis produces some surprising and unexpected results.
|Date of creation:||Jan 1996|
|Date of revision:|
|Contact details of provider:|| Postal: Gower Street, London WC1E 6BT|
Web page: http://www.ucl.ac.uk/economics/
More information through EDIRC
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Raffelhuschen, Bernd, 1992. "Labor migration in Europe : Experiences from Germany after unification," European Economic Review, Elsevier, vol. 36(7), pages 1453-1471, October.
- Sherwin Rosen, 1972. "Learning by Experience as Joint Production," The Quarterly Journal of Economics, Oxford University Press, vol. 86(3), pages 366-382.
When requesting a correction, please mention this item's handle: RePEc:wuk:ucloec:9602. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (WoPEc Project)
If references are entirely missing, you can add them using this form.