A guest-worker program can be a very flexible and convenient way of meeting labor shortages in a host country, assuming that the migrants adhere to the rules of the program. This article investigates the conditions under which guest workers have sufficient incentives for voluntary return to...

How does saving behavior of immigrants respond to changes in purchasing power parity between the source and host countries? We examine this question by building a theoretical model of joint return-migration and saving decisions of temporary migrants and then test its implications by using data...

How does saving behavior of immigrants respond to changes in purchasing power parity between the source and host countries? We examine this question by building a theoretical model of joint return-migration and saving decisions of temporary migrants and then test its implications by using data...