In this thesis, the savings behavior of immigrants is being investigated. The empirical analysis focuses predominantly on the immigrant population in Germany but also comprises international comparisons. The German Socio-Economic Panel represents the main source of data for the analysis of...

This paper investigates the determinants of migrants' financial transfers to their home country using German data. A double-hurdle model is applied to analyze the determinants of the propensity to send transfers abroad and the amount of transfers. The findings reveal that return intentions...

This paper estimates the effect of income uncertainty on assets held in accounts and cash, and finds substantial empirical evidence for precautionary savings. Using household-level panel data, it explicitly distinguishes between ‘real' income uncertainty the household is actually exposed to,...

This paper examines the relative savings position of migrant households in West Germany, paying particular attention to differences between temporary and permanent migrants.Our findings reveal significant differences in the savings rates between foreign-born and German-born individuals. These...

Dieses Papier analysiert den Zusammenhang zwischen individueller Kontrollüberzeugung ("locus of control") und Sparverhalten in Form von Vermögensakkumulation, Sparraten und Portfolio-Entscheidungen. Locus of control is ein psychologisches Konzept, welches die individuelle Überzeugung über...