Despite rigorous theoretical arguments and models about international migration, very few empirical studies put it to rigorous test in exp laming international migration. The purpose of the present study is to analyze determinant s and consequences fo...
Despite rigorous theoretical arguments and models about international migration, very few empirical studies put it to rigorous test in exp laming international migration. The purpose of the present study is to analyze determinant s and consequences for international migratio n, focusing particularly on the returns to posthoc international migration. The present study compares residential well-being of Korean inte mational migrants in the US with those of by pothetical well-beings of them if they had not migrated at the first stage to evaluate immigration effect, and with those born in the US at the second stage to test assimilation effect. Our suggested models of the selectivity-correct ed returns to various characteristics for immigrants and non-immigrants enable us to estimate the `opportunity well-beings` of individuals an d households; that is, the well-beings of immigrants-had-they-stayed and of non-immigrants-if -they-had-immigrated. The data for our analyses are drawn from the 1990 Korea Census Data and the Public Use Microdata Samples (PUMS) of the 1990 U.S. census. The results showed that in either case of migrants-had-they-stayed or if non-immigrants-if-they-had-migrate d, international migration to the US has a positive effect on the homeownership probability. The study also found that like native-born residents, immigrants` likelihood of homeownershi p grows over the life course and differ at-non g birth cohorts. In addition, homeownership among immigrants also grows as their residen ce in the United States increases. The study concludes that the United States offers better opportunities for owning their home than stay at Korea particularly for women.