Arbeitspapier
Capital Markets, Temporary Migration and Entrepreneurship: Evidence from Bangladesh
This paper examines international temporary migration as an intermediary step among aspiring entrepreneurs to accumulate the needed capital when they face credit constraints at home. The analysis is based on a representative dataset of lifetime employment histories of return migrants from Bangladesh. After establishing the credit constraints that potential entrepreneurs face, the paper shows that non-agricultural self-employment rates are significantly higher among returning migrants over half versus around 20% of non-migrants. Most migrants transition into self-employment by using their savings from abroad as the main source of financing. The paper then offers, for the first time, a detailed account of the financial costs and benefits of international migration. Our findings suggest that temporary migration can contribute to the structural transformation of lower-income countries by enabling credit-constrained workers to enter into non-agricultural entrepreneurship.
- Sprache
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Englisch
- Erschienen in
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Series: CReAM Discussion Paper Series ; No. 18/23
- Klassifikation
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Wirtschaft
- Thema
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Temporary migration
credit constraints
risky investment
entrepreneurship
- Ereignis
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Geistige Schöpfung
- (wer)
-
Bossavie, Laurent
Goerlach, Joseph-Simon
Ozden, Caglar
Wang, He
- Ereignis
-
Veröffentlichung
- (wer)
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Centre for Research & Analysis of Migration (CReAM), Department of Economics, University College London
- (wo)
-
London
- (wann)
-
2023
- Letzte Aktualisierung
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10.03.2025, 11:42 MEZ
Datenpartner
Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
Objekttyp
- Arbeitspapier
Beteiligte
- Bossavie, Laurent
- Goerlach, Joseph-Simon
- Ozden, Caglar
- Wang, He
- Centre for Research & Analysis of Migration (CReAM), Department of Economics, University College London
Entstanden
- 2023
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