Basu, Arnab K.; Chau, Nancy H.; Lindeman, Gary - 2022
equation for bilateral mobility that embodies a co-determined local unemployment term. As a theory of migration, our model … unemployment. Micro-founded in a setting where search friction regulates labor market transitions, we derive a migration gravity … connects directly with longstanding migration puzzles (e.g. declining internal mobility) as well as more novel concepts (e …