Gibson, John and McKenzie, David and Rohorua, Halahingano and Stillman, Steven (2019) The long-term impact of international migration on economic decision-making: Evidence from a migration lottery and lab-in-the-field experiments. Journal of Development Economics , 138 . pp. 99-115. ISSN 0304-3878
Full text not available from this repository. (Request a copy)Abstract
We study how migrating from a poor country to a rich country affects economic beliefs, preference parameters,and household decision-making efficiency. In a ten-year follow-up survey of applicants to a migration lottery program we elicit risk and time preferences and pro-market beliefs for the migrants and the unsuccessful applicants. The successful and the unsuccessful applicants are each linked to closest relative households, who would stay in the home country if the applicant moved, to play lab-in-the-field games that measure intra-family trust and the efficiency of intra-family decision-making. Despite the large permanent income shock from migrating, there are no significant impacts on risk and time preferences, pro-market beliefs, or decision-making efficiency of transnational households. This stability in the face of such a large and life-changing event lend credence to economic models of migration that treat these determinants of decision-making as time-invarian
| Item Type: | Journal Article |
|---|---|
| Subjects: | H Social Sciences > HC Economic History and Conditions |
| Divisions: | Faculty of Business and Economics (FBE) > Graduate School of Business |
| Depositing User: | Mele Katea Paea |
| Date Deposited: | 08 Dec 2019 21:33 |
| Last Modified: | 08 Dec 2019 21:33 |
| URI: | https://repository.usp.ac.fj/id/eprint/11864 |
Actions (login required)
 |
View Item |