Arbeitspapier
Reversal of Migration Flows: A Fresh Look at the German Reunification
We investigate the dynamic effects of interregional labor market integration on migration flows, capital formation, and the price for housing services. The co-evolution of these variables depends on initial conditions at the time of labormarket integration. In an initially capital-poor economy, there may be a reversal of migration flows during the transition to the steady state, while housing costs are increasing over time. Although capital may accumulate while labor emigrates early in the transition, the causal effect of immigration on capital investments and housing costs is positive. We present new data on the evolution of net migration flows and rental rates for housing in East Germany after 1990. Our results are consistent with the presented evidence in the reverse migration scenario.
- Sprache
-
Englisch
- Erschienen in
-
Series: CReAM Discussion Paper Series ; No. 22/16
- Klassifikation
-
Wirtschaft
Micro-Based Behavioral Economics: General‡
International Factor Movements and International Business: General
Economic Development: General
- Thema
-
Capital formation
German reunification
Housing services
Labor market integration
Reverse migration
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Grossmann, Volker
Schäfer, Andreas
Steger, Thomas
Fuchs, Benjamin
- Ereignis
-
Veröffentlichung
- (wer)
-
Centre for Research & Analysis of Migration (CReAM), Department of Economics, University College London
- (wo)
-
London
- (wann)
-
2016
- Letzte Aktualisierung
-
10.03.2025, 11:44 MEZ
Datenpartner
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
Objekttyp
- Arbeitspapier
Beteiligte
- Grossmann, Volker
- Schäfer, Andreas
- Steger, Thomas
- Fuchs, Benjamin
- Centre for Research & Analysis of Migration (CReAM), Department of Economics, University College London
Entstanden
- 2016
Ähnliche Objekte (12)
