Overshooting the Savings Target: Temporary Migration, Investment in Housing and Development

被引：16

作者：

Djajic, Slobodan ^{[1
]}

Vinogradova, Alexandra ^{[2
]}

机构：

[1] Grad Inst, Geneva, Switzerland

[2] Swiss Fed Inst Technol, Zurich, Switzerland

来源：

WORLD DEVELOPMENT | 2015年 / 65卷

关键词：

temporary migration; target savings; housing; RETURN MIGRATION; SOURCE-COUNTRY; REMITTANCES; MODEL; ENTREPRENEURSHIP; MIGRANTS; IMPACT;

D O I：

10.1016/j.worlddev.2014.01.015

中图分类号：

F0 [经济学]; F1 [世界各国经济概况、经济史、经济地理]; C [社会科学总论];

学科分类号：

0201 ; 020105 ; 03 ; 0303 ;

摘要：

There are two seemingly competing branches of the literature on saving and duration-of-stay decisions of temporary migrants. One relies on the target-saving explanation and the other on utility maximization over a life cycle. We attempt to reconcile the two approaches within a framework where a migrant has a well-defined savings target (in planning to purchase a new home at origin) but also chooses the time of return and the consumption path to maximize lifetime utility. Our analysis highlights the role of property investment and savings repatriation in the relationship between temporary migration and development. (C) 2014 Elsevier Ltd. All rights reserved.

引用

页码：110 / 121

页数：12

共 53 条

[1] THE ECONOMIC USES AND IMPACT OF INTERNATIONAL REMITTANCES IN RURAL EGYPT [J].