PhD Candidate in Economics
University of Oxford
I am a PhD Candidate in Economics at the University of Oxford. I will be on the academic job market 2022/23 and available for interviews.
I work on topics in public economics, labour economics and household finance --- combining quasi-experimental analyses with applied theory and innovative survey evidence.
Uncertainty, Citizenship & Migrant Saving Choices
New draft coming soon!
Presentations: NBER Summer Institute 2022, EEA-ESEM Congress 2022, RES Conference 2022, RES Junior Symposium 2022, HCEO-Briq SSSI 2022, Transatlantic Doctoral Conference 2022, European Commission ARC 2022, European Commission DG ECFIN Seminars
In most Western countries, migrants hold significantly less wealth than their native counterparts. They also face significantly more uninsurable uncertainty about their future. This paper examines the crucial role that uncertainty about citizenship prospects and future location plays in explaining migrant saving choices and wealth inequality. Exploiting quasi-experimental variation and extensive panel data from Germany, I show that migrants who have access to citizenship save as much as natives once individual characteristics such as labour market outcomes are accounted for, while migrants without such a right persistently save 30% less. The unexplained gap is closed completely when migrants in the latter group gain the prospect of citizenship --- a result that neither labour nor credit market access can rationalise. Developing a life cycle saving framework with heterogenous location preferences, I show that migrants with a preference for the host country choose to save less than natives if they have to make their choices under uncertainty to their right to stay. Once access to citizenship secures a permanent right to stay, migrants’ saving rate increases, driven mainly by a greater inclination to invest in country specific assets such as housing. Taking the model to the data, I substantiate these predictions empirically by documenting that migrants become more likely to express an intention to stay in the host country once they become eligible for citizenship. They also become significantly more likely to own their home, a mortgage saving plan or a private pension plan. The results suggest that citizenship legislation can substantially reduce the risk of old age poverty for migrants, while simultaneously making immigration a more effective tool for governments seeking to stabilise their pension systems.
JMIR mHeath and uHealth, 2020.
I have been teaching classes for the Quantitative Methods I & II (introductory and advanced econometrics) courses for the MSc and MPhil in Economic and Social History in 2019/20, 2020/21 & 2021/22. A sample syllabus for both courses can be found here.
In 2022/23 I will be teaching Quantitative Economics (undergraduate econometrics) classes.