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Cited by 702

The DOI matches its Crossref record.

The Effect of Expected Income on Individual Migration Decisions

·2011·Econometrica
DOI 10.3982/ecta4657
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Abstract

This 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 National Longitudinal Survey of Youth 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. The results suggest that the link between income and migration decisions is driven both by geographic differences in mean wages and by a tendency to move in search of a better locational match when the income realization in the current location is unfavorable.

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Metadata

Venue
Econometrica
Publisher
The Econometric Society
Published
2011
Volume
79
Issue
1
Pages
211-251
ISSN
0012-9682 (ISSN-L)
DOI
10.3982/ecta4657
OpenAlex
W1488676600
Cited by
702
References
0
FWCI
95.37
Type
journal article
Language
en
Open access
closed

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Contains information from the Semantic Scholar Academic Graph Datasets, made available under the ODC Attribution License (ODC-BY 1.0).

Semantic Scholar’s data is described in: Kinney, R., et al. (2023). The Semantic Scholar Open Data Platform. arXiv:2301.10140.