Adda, J;
Dustmann, C;
Gorlach, S;
(2022)
The Dynamics of Return Migration, Human Capital Accumulation, and Wage Assimilation.
The Review of Economic Studies
, 89
(6)
pp. 2841-2871.
10.1093/restud/rdac003.
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Abstract
This article develops and estimates a dynamic model where individuals differ in ability and location preference to evaluate the mechanisms that affect the evolution of immigrants’ careers in conjunction with their re-migration plans. Our analysis highlights a novel form of selective return migration where those who plan to stay longer invest more into skill acquisition, with important implications for the assessment of immigrants’ career paths and the estimation of their earnings profiles. Our study also explains the willingness of immigrants to accept jobs at wages that seem unacceptable to natives. Finally, our model provides important insight for the design of migration policies, showing that policies that initially restrict residence or condition residence on achievement shape not only immigrants’ career profiles through their impact on human capital investment but also determine the selection of arrivals and leavers.
| Type: | Article |
|---|---|
| Title: | The Dynamics of Return Migration, Human Capital Accumulation, and Wage Assimilation |
| Location: | UK |
| Open access status: | An open access version is available from UCL Discovery |
| DOI: | 10.1093/restud/rdac003 |
| Publisher version: | https://doi.org/10.1093/restud/rdac003 |
| Language: | English |
| Additional information: | Copyright © The Author(s) 2022. This is an Open Access article distributed under the terms of the Creative Commons Attribution Non-Commercial License (http://creativecommons.org/licenses/by-nc/4.0/), which permits non-commercial re-use, distribution, and reproduction in any medium, provided the original work is properly cited. |
| Keywords: | F22 - International MigrationJ24 - Human Capital; Skills; Occupational Choice; Labor ProductivityJ61 - Geographic Labor Mobility; Immigrant Workers |
| UCL classification: | UCL UCL > Provost and Vice Provost Offices > UCL SLASH UCL > Provost and Vice Provost Offices > UCL SLASH > Faculty of S&HS UCL > Provost and Vice Provost Offices > UCL SLASH > Faculty of S&HS > Dept of Economics |
| URI: | https://discovery.ucl.ac.uk/id/eprint/10136132 |
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