òòò½Íø Journal:
Applied Economics
ISSN 1945-7782 (Print) | ISSN 1945-7790 (Online)
Home Sweet Home: Returns to Returning in the Age of Mass Migration
òòò½Íø Journal: Applied Economics
(pp. 29–59)
Abstract
Despite significant circular migration flows historically and today, their economic impacts remain understudied. Using data on predominantly rural Swedish migrants who returned from the United States during the Age of Mass Migration, we estimate returns to temporary migration in terms of wealth, income, demographic, and social outcomes. We find substantial wealth effects but limited evidence of increased labor income or occupational upgrading. Male returnees held nearly double the wealth of stayers, likely due to overseas savings, while female returnees gained wealth mainly through marriage. These findings highlight the need to consider wealth when evaluating the economic returns of temporary migration.Citation
Ejermo, Olof, Kerstin Enflo, Björn Eriksson, and Erik Prawitz. 2025. "Home Sweet Home: Returns to Returning in the Age of Mass Migration." òòò½Íø Journal: Applied Economics 17 (4): 29–59. DOI: 10.1257/app.20230253Additional Materials
JEL Classification
- F22 International Migration
- G51 Household Finance: Household Saving, Borrowing, Debt, and Wealth
- J15 Economics of Minorities, Races, Indigenous Peoples, and Immigrants; Non-labor Discrimination
- J16 Economics of Gender; Non-labor Discrimination
- N31 Economic History: Labor and Consumers, Demography, Education, Health, Welfare, Income, Wealth, Religion, and Philanthropy: U.S.; Canada: Pre-1913
- N33 Economic History: Labor and Consumers, Demography, Education, Health, Welfare, Income, Wealth, Religion, and Philanthropy: Europe: Pre-1913