Determinants of the savings and fixed asset holdings of Turkish migrants in Germany

Hulya Ulku

Research output: Contribution to journalArticlepeer-review

Abstract

This paper investigates the determinants of the bank savings and fixed assets of Turkish migrants residing in Germany. We find that migrants with firmer roots in Germany are more likely to hold savings and fixed assets in Germany, and those with stronger links to Turkey are more likely to hold savings and fixed assets in Turkey. As expected, income is a positive determinant of savings and fixed assets in both countries. Although age has a positive impact on savings and fixed assets in Turkey, it has a negative impact on savings in Germany. These results shed new light on Turkish migrants' short-and long-term savings in Turkey and Germany. © 2012 M.E. Sharpe, Inc. All rights reserved.
Original languageEnglish
Pages (from-to)83-99
Number of pages16
JournalEmerging Markets Finance and Trade
Volume48
Issue number1
DOIs
Publication statusPublished - 1 Jan 2012

Keywords

  • Fixed asset holdings
  • Germany
  • Household data
  • Savings
  • Turkish migrants

Research Beacons, Institutes and Platforms

  • Global Development Institute

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