estimate the dynamic response of regional employment, unemployment, participation rates and net migration to state … decreased over time, suggesting less overall net migration in response to a regional shock, (ii) the role of the participation … rate as absorber of regional shocks has increased, (iii) the response of net migration to regional shocks is stronger …

of interstate migration to relative labor market conditions has decreased, while the role of the unemployment rate as … absorber of regional shocks has increased. However, the response of net migration to regional shocks is stronger during … pattern of migration response based on the variation in consumption risk sharing. …