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dc.contributor.authorNguyen, Ha
dc.contributor.authorDuncan, Alan
dc.date.accessioned2017-01-30T13:34:51Z
dc.date.available2017-01-30T13:34:51Z
dc.date.created2015-07-20T20:00:53Z
dc.date.issued2015
dc.identifier.citationNguyen, H. and Duncan, A. 2015. Macroeconomic fluctuations in home countries and immigrants' well-being: New evidence from down under, Bankwest Curtin Economics Centre Working Paper Series: 15/2. Bentley, WA: Curtin University of Technology.
dc.identifier.urihttp://hdl.handle.net/20.500.11937/33059
dc.description.abstract

In this paper we provide the first solid empirical evidence that improvements in home countries' macroeconomic conditions, as measured by a higher GDP per capita and lower price levels, increase immigrants' subjective well-being. We demonstrate this using 12 years of data from the Household Income and Labour Dynamics in Australia panel, as well as macroeconomic indicators for 59 countries of origin, and exploiting exogenous changes in macroeconomic conditions across home countries over time. Controlling for immigrants' observable and unobservable characteristics we also find the positive GDP impact is statistically and economically large in size. Furthermore, the GDP and price impact erodes when immigrants get older, or when they stay in the host country beyond a certain period of time. However, home countries' unemployment rates and exchange rate fluctuations have no impact on immigrants' well-being.

dc.publisherCurtin University
dc.relation.urihttps://bcec.edu.au/publications/macroeconomic-fluctuations-in-home-countries-and-immigrants-wellbeing/
dc.subjectunemployment
dc.subjectwell-being
dc.subjectGDP
dc.subjectimmigrants
dc.subjectAustralia
dc.subjectexchange rate
dc.subjectinflation
dc.titleMacroeconomic fluctuations in home countries and immigrants' well-being: New evidence from down under
dc.typeWorking Paper
dcterms.source.volume15/2
dcterms.source.seriesBankwest Curtin Economics Centre Working Paper Series
dcterms.source.isbn978-1-925083-26-2
curtin.departmentJohn Curtin Institute of Public Policy (JCIPP)
curtin.accessStatusOpen access via publisher


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