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Previous literature shows that internal migration rates are strongly procyclical. This would seem to imply that geographic relocation does not help mitigate negative local economic shocks during recessions. This paper shows that this is not the case. I document that net in-migration rates...
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Unemployment and migration are known effects of financial and economic crisis. This paper tries to understand the spatial patterns of those effects in a city and its surroundings considering the direct and induced impacts, the migration flows between the city, the surroundings and the outside...
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Migration has long been considered one of the key mechanisms through which labor markets adjust to economic shocks. In this paper, we analyze the migration response of American workers to two of the most important shocks that hit US manufacturing since the late 1990s - Chinese import competition...
Persistent link: https://www.econbiz.de/10012603222
interpret our findings through the lens of a model that highlights two mechanisms: the cost savings that each shock provides and …
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