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Households spent only a small fraction of their 2020 Economic Impact Payment (EIPs) within a couple of months of arrival, consistent with i) pandemic constraints on spending, ii) other pandemic programs and social insurance, and iii) the broader disbursement of the EIPs compared to the economic...
Persistent link: https://www.econbiz.de/10013435158
Internal migration in the United States has declined substantially over the past several decades, which has important implications for individual welfare, macroeconomic adjustments, and other key outcomes. This paper studies the determinants of internal migration and how they have changed over...
Persistent link: https://www.econbiz.de/10014486215
1 Introduction and Outline -- Part I: Internal Migration and the Labor Market -- 2 Panel VAR for Internal Migration …-Trade-FDI -- Part III: Growth, Factor and Final Demand -- 8 Dynamic Simultaneous Equations with Panel Data -- 9 Effects of Capital … the fields of spatial econometrics, panel time-series analysis and structural simultaneous equation modelling to analyse …
Persistent link: https://www.econbiz.de/10013522955
This paper studies how and why households adjust their spending, saving, and borrowing in response to transitory income shocks. We leverage new large-scale survey data to first quantitatively assess households' intertemporal marginal propensities to consume (MPCs) and deleverage (MPDs) (the...
Persistent link: https://www.econbiz.de/10014512045
New college graduates must choose whether to stay in the geographic area where they completed their degree or move to a new location to begin their careers. This paper classifies 41 U.S. metropolitan areas as “college towns” and investigates differences in employment outcomes between college...
Persistent link: https://www.econbiz.de/10009758851
Urbanisation in China has long been held back by various restrictions on land and internal migration but has taken off since the 1990s, as these impediments started to be gradually relaxed. People have moved in large numbers to richer cities, where productivity is higher and has increased...
Persistent link: https://www.econbiz.de/10010231018
Australia, using unique administrative individual-level panel data covering all residents from 2011 to 2018. Employing a …
Persistent link: https://www.econbiz.de/10014491319
This paper examines the contribution of international migrants to regional differences in labour productivity in Australia. The study relies on individual-level administrative wage data from 2011 to 2018. It finds that a region with a 10% larger migrant share has, on average, a 1.3% larger...
Persistent link: https://www.econbiz.de/10014491349
This paper offers an overview of recent trends in regional employment and productivity, and describes the characteristics and geographic distribution of migrants in Australia. Additionally, it provides insights on the relationship between migration, employment, and productivity at the regional...
Persistent link: https://www.econbiz.de/10014278863
Inter-regional migration – the movements of the population from one region to another within the same country – can be an important mechanism of spatial economic adjustment, affecting regional demographic and growth patterns. This paper examines the economic and housing-related factors that...
Persistent link: https://www.econbiz.de/10012801178