Understanding gross worker flows across U.S. states
成果类型:
Article
署名作者:
Coen-Pirani, Daniele
署名单位:
Pennsylvania Commonwealth System of Higher Education (PCSHE); University of Pittsburgh
刊物名称:
JOURNAL OF MONETARY ECONOMICS
ISSN/ISSBN:
0304-3932
DOI:
10.1016/j.jmoneco.2010.08.001
发表日期:
2010
页码:
769-784
关键词:
摘要:
The main cross-sectional and time-series properties of state-level gross and net worker flows, wages, and rents are characterized using micro-data from the U.S. Census. A dynamic general equilibrium model of worker migration is introduced to explain the stylized facts. In the model, a location may experience simultaneous inflows and outflows of workers. Recent migrants choose to migrate more often than incumbent workers. Thus, locations that attract high numbers of migrants also tend to experience high outflow rates. This pattern is a robust feature of the data and cannot be explained by models of net flows only. (C) 2010 Elsevier B.V. All rights reserved.
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