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221013 ||| eng |
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|a Gibson, John
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|a The Long-Term Impact of International Migration on Economic Decision-Making
|h Elektronische Ressource
|b Evidence from a Migration Lottery and Lab-in-the-Field Experiments
|c John Gibson
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| 260 |
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|a Washington, D.C
|b The World Bank
|c 2016
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| 300 |
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|a 44 p
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|a Mckenzie, David
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|a Rohorua, Halahingano
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|a Gibson, John
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|a eng
|2 ISO 639-2
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| 989 |
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|b WOBA
|a World Bank E-Library Archive
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|a World Bank E-Library Archive
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| 028 |
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|a 10.1596/1813-9450-7848
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| 856 |
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|u http://elibrary.worldbank.org/doi/book/10.1596/1813-9450-7848
|x Verlag
|3 Volltext
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|a 330
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|a This paper studies how migration from a poor to a rich country affects key economic beliefs, preference parameters, and transnational household decision-making efficiency. The setting is the migration of Tongans to New Zealand through a migration lottery program. In a 10-year follow-up survey of individuals applying for this program, the study elicited risk and time preferences and pro-market beliefs. It also linked migrants and potential migrants to a partner household consisting of family members who would stay behind if the migrants moved. Survey participants played lab-in-the-field games designed to measure the degree of intra-family trust and the efficiency of intra-family decision-making. Migration provides a large and permanent positive shock to income, a large change in economic institutions, and a reduction in interactions with partner household members. Despite these changes, the study finds no significant impacts of migration on risk and time preferences, pro-market beliefs, or the decision-making efficiency of transnational households. This stability in the face of such a large and life-changing event lends credence to economic models of migration that treat these determinants of decision-making as time-invariant, and contrasts with recent evidence on preference changes after negative shocks
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