Home, Sweet Home: Returns to Returning in the Age of Mass Migration

Ejermo, Olof (author): Stockholm School of Economics,Lund University,Lunds universitet,Ekonomisk-historiska institutionen,Ekonomihögskolan,Department of Economic History,Lund University School of Economics and Management, LUSEM,Ratio Institute

Enflo, Kerstin (author): Lund University,Lunds universitet,Tillväxt, teknologisk förändring och ojämlikhet,Ekonomisk-historiska institutionen,Ekonomihögskolan,Growth, technological change, and inequality,Department of Economic History,Lund University School of Economics and Management, LUSEM,Lund University School of Economics and Management, LUSEM,Centre for Economic Policy Research, London

Eriksson, Björn (author): Lund University,Lunds universitet,Ekonomisk-historiska institutionen,Ekonomihögskolan,Department of Economic History,Lund University School of Economics and Management, LUSEM

Prawitz, Erik (author): Linnaeus University,Research Institute of Industrial Economics

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Abstract Subject headings

Studying migrants from Sweden to the United States, we provide new evidence on return migration during the Age of Mass Migration. Focusing on a sample of migrants and stayers observed in childhood, we document limited effects on income and occupational upgrading, but large effects on wealth. Male returnees held about twice as much wealth as stayers and about 40 percent more than staying brothers. These effects were likely driven by accumulated savings overseas, rather than inheritance or an income premium back home. For female returnees, wealth effects are of similar magnitude, but appear to be realized primarily through marriage.

By the author/editor: Ejermo, Olof; Enflo, Kerstin; Eriksson, Björn; Prawitz, Erik

About the subject

SOCIAL SCIENCES: SOCIAL SCIENCES; and Economics and Bu ...; and Economic History

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