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    Macroeconomic Fluctuations in Home Countries and Immigrants’ Well-Being: New Evidence from Down Under

    Access Status
    Fulltext not available
    Authors
    Nguyen, Ha
    Duncan, Alan
    Date
    2018
    Type
    Journal Article
    
    Metadata
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    Citation
    Nguyen, H. and Duncan, A.S. 2018. Macroeconomic Fluctuations in Home Countries and Immigrants’ Well-Being: New Evidence from Down Under. International Migration Review. 54 (1): pp. 205–232.
    Source Title
    International Migration Review
    DOI
    10.1177/0197918318813975
    Additional URLs
    https://journals.sagepub.com/
    ISSN
    0197-9183
    Faculty
    Faculty of Business and Law
    School
    Bankwest-Curtin Economics Centre
    URI
    http://hdl.handle.net/20.500.11937/77599
    Collection
    • Curtin Research Publications
    Abstract

    This article exploits plausibly exogenous changes in macroeconomic conditions across home countries over time and panel individual data to examine the causal impact of home countries’ macroeconomic conditions on immigrants’ well-being in Australia. We present new and robust evidence that immigrants in Australia feel happier when their home countries’ macroeconomic conditions improve, as measured by a higher gross domestic product (GDP) per capita or lower price levels. Controlling for immigrants’ observable and unobservable characteristics, we also find that the positive GDP impact is statistically significant and economically large in size. Furthermore, the GDP and price impact erodes as immigrants age or stay in the host country beyond a certain period of time. Our findings suggest that immigrants in Australia have emotional or altruistic connections to their home countries and appear encouraging for home countries increasingly attempting to convince their diasporas to contribute more to the development of their homelands.

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    • Macroeconomic Fluctuations in Home Countries and Immigrants’ Well-Being: Evidence from Down Under
      Nguyen, H.; Duncan, Alan (2018)
      This article exploits plausibly exogenous changes in macroeconomic conditions across home countries over time and panel individual data to examine the causal impact of home countries’ macroeconomic conditions on immigrants’ ...
    • Macroeconomic fluctuations in home countries and immigrants' well-being: New evidence from down under
      Nguyen, Ha; Duncan, Alan (2015)
      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 ...
    • Out of sight but not out of mind: Home countries’ macroeconomic volatilities and immigrants’ mental health
      Nguyen, Ha; Connelly, L. (2017)
      We provide the first empirical evidence that better economic performances by immigrants’ countries of origin, as measured by lower CPI or higher GDP, improve immigrants’ mental health. We use an econometrically-robust ...
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