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 language | English |
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Pages (from-to) | 83-99 |
Number of pages | 16 |
Journal | Emerging Markets Finance and Trade |
Volume | 48 |
Issue number | 1 |
DOIs | |
Publication status | Published - 1 Jan 2012 |
Keywords
- Fixed asset holdings
- Germany
- Household data
- Savings
- Turkish migrants
Research Beacons, Institutes and Platforms
- Global Development Institute