This paper quantitatively evaluates the hypothesis that the housing bust in 2007 decreased geographical reallocation and increased the dispersion and level of unemployment during the Great Recession. We construct an equilibrium model of multiple locations with frictional housing and labor...

Between 1984 and 2003, New Zealand undertook comprehensive market-oriented economic reforms. In this paper, we use Census data to examine how the internal mobility of Māori compares to that of Europeans in New Zealand in the period after these reforms. It is often suggested that Māori are less...

Why are better educated and more risk-friendly persons more mobile across regions? To answer this question, we use micro data on internal migrants from the German Socio-Economic Panel (SOEP) 2000-2006 and merge this information with a unique proxy for region-pair-specific cultural distances...

Between 1984 and 1993, New Zealand undertook comprehensive market-oriented economic reforms. In this paper, we use census data to examine how the internal mobility of Māori compares to that of Europeans in New Zealand in the period after these reforms. It is often suggested that Māori are less...

Between 1984 and 2003, New Zealand undertook comprehensive market-oriented economic reforms. In this paper, we use Census data to examine how the internal mobility of Māori compares to that of Europeans in New Zealand in the period after these reforms. It is often suggested that Māori are less...

Between 1984 and 2003, New Zealand undertook comprehensive market-oriented economic reforms. In this paper, we use Census data to examine how the internal mobility of Māori compares to that of Europeans in New Zealand in the period after these reforms. It is often suggested that Māori are less...

The migration of labour can affect economies in several ways. This paper focuses on two of the economic impacts of migration in the context of the recent Welsh experience. Firstly, since migration is a key aspect of labour market flexibility, it is a mechanism through which local and regional...

During the African American Great Migration, millions of blacks left the Southern USA in favor of cities in the North. Despite the social and economic consequences of this migration, the question of its impacts on labor markets in the North has largely been overlooked in the literature. In this...

During the past decade, Europe was confronted with major changes and events offering large opportunities for mobility. The EU enlargement process, the EU policies regarding youth, the economic crisis affecting national economies on different levels, political instabilities in some European...

We build a dynamic model of migration where, in addition to classical mobility costs, workers face informational frictions that decrease their ability to compete for distant job opportunities. We structurally estimate the model on a matched employer-employee panel dataset describing labor market...