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Using data from the first fourteen waves of the British Household Panel Survey, we estimate a discrete duration model of interregional migration in Great Britain. By exploiting retrospective information on residency we control for late entry as well as unobserved heterogeneity. We find...
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, but with increments being smaller in the European data. Third, we find that wage risk is procyclical in Germany while it … household-level wage innovations. We draw our inference from household panel data sets for the US, the UK, and Germany. First … determining the cyclical properties of labor market risk. -- Life-cycle risk ; uncertainty fluctuations ; business cycle …
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