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Source: Social Systems Research Institute (SSRI)
Resulting in 1 citation.
1. |
Kennan, John Walker, James R. |
The Effect of Expected Income on Individual Migration Decisions Working Paper 2003-07, Social Systems Research Institute, Department of Economics, University of Wisconsin - Madison, 2003. Also: http://www.ssc.wisc.edu/~jkennan/research/jkjwPaper_March03.pdf Cohort(s): NLSY79 Publisher: Department of Economics, University of Wisconsin - Madison Keyword(s): High School Completion/Graduates; Male Sample; Migration; Wage Differentials Permission to reprint the abstract has not been received from the publisher. The paper develops a tractable econometric model of optimal migration, focusing on expected income as the main economic influence on migration. The model improves on previous work in two respects: it covers optimal sequences of location decisions (rather than a single once-for-all choice), and it allows for many alternative location choices. The model is estimated using panel data from the NLSY on white males with a high school education. Our main conclusion is that interstate migration decisions are influenced to a substantial extent by income prospects. On the other hand we find no evidence of a response to geographic differences in wage distributions. Instead, the results suggest that the link between income and migration decisions is driven by a tendency to move in search of a better locational match when the income realization in the current location is unfavorable...We analyze the migration decisions of men aged 20-35, using the non-military subsample of the NLSY79, observed over the period 1979-1992. In order to obtain a relatively homogeneous sample, we consider only white high-school graduates with no college education, using only the years after schooling is completed. |
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Bibliography Citation
Kennan, John and James R. Walker. "The Effect of Expected Income on Individual Migration Decisions." Working Paper 2003-07, Social Systems Research Institute, Department of Economics, University of Wisconsin - Madison, 2003. |