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Preface / William A. Fischel -- A pure theory of local expenditures (1956) / Charles M. Tiebout -- Footloose at fifty …
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Ever since Sjaastad (1962), researchers have struggled to quantify the psychic cost of migration. We monetize psychic cost as the wage premium for moving to a culturally different location. We combine administrative social security panel data with a proxy for cultural difference based on unique...
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