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

Dieses Objekt wird bereitgestellt von:
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

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