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The Economics of Spatial Mobility : Theory and Evidence Using Smartphone Data

Miyauchi, Yuhei; Nakajima, Kentaro; Redding, Stephen - 2022

Using smartphone geographical positioning systems (GPS) data for Japan, we show that travel within urban areas frequently occurs along trip chains, involving multiple stops as part of a single journey. Motivated by these empirical findings, we develop a tractable theoretical model of travel...

Persistent link: https://www.econbiz.de/10014242337

The Effect of Expected Income on Individual Migration Decisions

Kennan, John; Walker, James R. - 2021

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...

Persistent link: https://www.econbiz.de/10013240935

Identity, Parochial Institutions, and Occupational Choice : Linking the Past to the Present in the American Midwest

Munshi, Kaivan - 2010

This paper documents the presence of non-economic career motivations in the U.S. labor market, explores reasons why such motivations could arise, and provides an explanation for why they might have persisted across many generations. The analysis links ethnic (migrant) labor market networks in...

Persistent link: https://www.econbiz.de/10012759641

Stepping Stone Mobility

Jovanovic, Boyan; Nyarko, Yaw - 2000

People at the top of an occupational ladder earn more partly because they have spent time on lower rungs, where they have learned something. But what precisely do they learn? There are two contrasting views: First, the Bandit model assumes that people are different, that experience reveals their...

Persistent link: https://www.econbiz.de/10014107496

Mobility Zones

Monte, Ferdinando - 2020

This short note constructs Mobility Zones to facilitate the discussion on the geographic extent of individual mobility … restrictions to control the spread of Covid-19. Mobility Zones are disjoint sets of counties where a given level of individual … mobility directly or indirectly connects all counties within each set. I compute Mobility Zones for the United States and each …

Persistent link: https://www.econbiz.de/10012833114

A Model of Multiple Districts and Private Schools : the Role of Mobility, Targeting, and Private School Vouchers

Nechyba, Thomas J. - 2021

This paper presents a multi-district model that can be calibrated to data reflecting housing market conditions, public school finance mechanisms and private school markets. Simulations are undertaken to investigate the impact of private school vouchers. Households that differ in both their...

Persistent link: https://www.econbiz.de/10013233443

Macroeconomic-Driven Prepayment Risk and the Valuation of Mortgage-Backed Securities

Chernov, Mikhail - 2016

We introduce a reduced-form modeling framework for mortgage-backed securities in which we solve for the implied prepayment function from the cross section of market prices. From the implied prepayment function, we find that prepayment rates are driven not only by interest rates, but also by two...

Persistent link: https://www.econbiz.de/10012996380

Migration-Induced Redistribution with and Without Migrant's Voting

Razin, Assaf - 2017

We are motivated by the unique migration experience of Israel of a supply-side shock triggering skilled immigration and the concurrent decline in welfare-state redistribution. This paper develops a model, which can provide an explanation for the mechanism through which a supply-side shock...

Persistent link: https://www.econbiz.de/10012949408

Estimating the Recession-Mortality Relationship When Migration Matters

Arthi, Vellore - 2017

A large literature following Ruhm (2000) suggests that mortality falls during recessions and rises during booms. The panel-data approach used to generate these results assumes that either there is no substantial migration response to temporary changes in local economic conditions, or that any...

Persistent link: https://www.econbiz.de/10012954452

Can State Taxes Redistribute Income?

Feldstein, Martin S. - 2010

The evidence presented in this paper supports the basic theoretical presumption that state and local governments cannot redistribute income. Since individuals can avoid unfavorable taxes by migrating to jurisdictions that offer more favorable tax conditions, a relatively unfavorable tax will...

Persistent link: https://www.econbiz.de/10013139299