Gespeichert in:
| Beteilige Person: | |
|---|---|
| Format: | Elektronisch E-Book |
| Sprache: | Englisch |
| Veröffentlicht: |
Washington, D.C
The World Bank
2016
|
| Schriftenreihe: | World Bank E-Library Archive
|
| Links: | https://doi.org/10.1596/1813-9450-7848 |
| Zusammenfassung: | This paper studies how migration from a poor to a rich country affects key economic beliefs, preference parameters, and transnational household decision-making efficiency. The setting is the migration of Tongans to New Zealand through a migration lottery program. In a 10-year follow-up survey of individuals applying for this program, the study elicited risk and time preferences and pro-market beliefs. It also linked migrants and potential migrants to a partner household consisting of family members who would stay behind if the migrants moved. Survey participants played lab-in-the-field games designed to measure the degree of intra-family trust and the efficiency of intra-family decision-making. Migration provides a large and permanent positive shock to income, a large change in economic institutions, and a reduction in interactions with partner household members. Despite these changes, the study finds no significant impacts of migration on risk and time preferences, pro-market beliefs, or the decision-making efficiency of transnational households. This stability in the face of such a large and life-changing event lends credence to economic models of migration that treat these determinants of decision-making as time-invariant, and contrasts with recent evidence on preference changes after negative shocks |
| Umfang: | 1 Online-Ressource (44 p) |
| DOI: | 10.1596/1813-9450-7848 |
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| 245 | 1 | 0 | |a The Long-Term Impact of International Migration on Economic Decision-Making |b Evidence from a Migration Lottery and Lab-in-the-Field Experiments |c John Gibson |
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| 520 | |a This paper studies how migration from a poor to a rich country affects key economic beliefs, preference parameters, and transnational household decision-making efficiency. The setting is the migration of Tongans to New Zealand through a migration lottery program. In a 10-year follow-up survey of individuals applying for this program, the study elicited risk and time preferences and pro-market beliefs. It also linked migrants and potential migrants to a partner household consisting of family members who would stay behind if the migrants moved. Survey participants played lab-in-the-field games designed to measure the degree of intra-family trust and the efficiency of intra-family decision-making. Migration provides a large and permanent positive shock to income, a large change in economic institutions, and a reduction in interactions with partner household members. Despite these changes, the study finds no significant impacts of migration on risk and time preferences, pro-market beliefs, or the decision-making efficiency of transnational households. This stability in the face of such a large and life-changing event lends credence to economic models of migration that treat these determinants of decision-making as time-invariant, and contrasts with recent evidence on preference changes after negative shocks | ||
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| illustrated | Not Illustrated |
| indexdate | 2024-12-20T19:40:18Z |
| institution | BVB |
| language | English |
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| oclc_num | 1334039687 |
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| physical | 1 Online-Ressource (44 p) |
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| publishDate | 2016 |
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| spellingShingle | Gibson, John The Long-Term Impact of International Migration on Economic Decision-Making Evidence from a Migration Lottery and Lab-in-the-Field Experiments |
| title | The Long-Term Impact of International Migration on Economic Decision-Making Evidence from a Migration Lottery and Lab-in-the-Field Experiments |
| title_auth | The Long-Term Impact of International Migration on Economic Decision-Making Evidence from a Migration Lottery and Lab-in-the-Field Experiments |
| title_exact_search | The Long-Term Impact of International Migration on Economic Decision-Making Evidence from a Migration Lottery and Lab-in-the-Field Experiments |
| title_full | The Long-Term Impact of International Migration on Economic Decision-Making Evidence from a Migration Lottery and Lab-in-the-Field Experiments John Gibson |
| title_fullStr | The Long-Term Impact of International Migration on Economic Decision-Making Evidence from a Migration Lottery and Lab-in-the-Field Experiments John Gibson |
| title_full_unstemmed | The Long-Term Impact of International Migration on Economic Decision-Making Evidence from a Migration Lottery and Lab-in-the-Field Experiments John Gibson |
| title_short | The Long-Term Impact of International Migration on Economic Decision-Making |
| title_sort | the long term impact of international migration on economic decision making evidence from a migration lottery and lab in the field experiments |
| title_sub | Evidence from a Migration Lottery and Lab-in-the-Field Experiments |
| url | https://doi.org/10.1596/1813-9450-7848 |
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