The savings behavior of immigrants in Germany [Elektronische Ressource] / vorgelegt von Mathias Sinning

The Savings Behavior of Immigrants in GermanyInauguraldissertationzurErlangung der Wurde˜eines Doktors derWirtschaftswissenschaftderFakult˜at fur˜ WirtschaftswissenschaftderRuhr-Universit˜at Bochumvorgelegt vonDiplom-Volkswirt Mathias Sinningaus Rotenburg an der Fulda2007Dekan: Prof. Dr. Stephan PaulReferent: Prof. Dr. Thomas BauerKorreferent: Prof. Dr. Christoph Schmidt, Ph.D.Tag der mundlic˜ hen Prufung:˜ 12. Februar 2008ISBN 978-3-86788-039-8CONTENTS1. Introduction and Overview 11.1 The German Immigration Experience { Past and Presence 21.2 The Current State of Discussion 71.2.1 The Decision to Migrate 71.2.2 The Economic Performance of Immigrants 81.2.3 The Impact of Immigration on the Labor Market 111.3 Contributions of the Thesis 122. The Savings Behavior of Temporary and Permanent Migrantsin Germany 182.1 Introduction 192.2 The Savings Difierential between Natives and Immigrants 212.3 Data, Econometric Method and Decomposition Analysis 232.3.1 Data 232.3.2 Econometric Method and Decomposition Analysis 292.4 Estimation Results 332.4.1 OLS and Tobit Estimates 332.4.2 Decomposition Analysis 352.4.3 The Role of Family Ties 392.5 Conclusions 41ii3. Determinants of Savings and Remittances { EmpiricalEvidence from Immigrants to Germany 543.1 Introduction 553.2 Determinants of Migrants’ Remittances 573.3 Empirical Strategy and Data 603.4 Results 663.4.1 Savings and Other Transfers 673.4.2 Transfers to Persons Abroad 713.