Labor Reallocation over the Business Cycle: New Evidence from Internal Migration

Labor Reallocation over the Business Cycle: New Evidence from Internal Migration
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经济周期中的劳动力重新分配:来自内部移民的新证据

DOI:
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发表时间:
2007
影响因子:
3.8
通讯作者:
A. Wozniak
A. Wozniak
中科院分区:
经济学1区
文献类型:
--
作者:
Raven E. Saks;A. Wozniak

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本文建立了一个新的衡量工人再分配的周期性特征:美国境内的长途迁移率。结合来自整个战后时期的大量数据集的证据,我们发现美国境内的移民是顺周期的。这一结果不能用当地经济状况的周期性变化来解释,这表明在繁荣时期搬迁的净效益上升。对于年轻劳动力参与者而言,移民最具顺周期性。因此,流动净收益的周期性波动似乎与劳动力市场的状况和劳动力的空间再分配有关。
This article establishes the cyclical properties of a novel measure of worker reallocation: long-distance migration rates within the United States. Combining evidence from a number of data sets spanning the entire postwar era, we find that internal migration within the United States is procyclical. This result cannot be explained by cyclical variation in relative local economic conditions, suggesting that the net benefit of moving rises during booms. Migration is most procyclical for younger labor-force participants. Therefore, cyclical fluctuations in the net benefit of moving appear to be related to conditions in the labor market and the spatial reallocation of labor.
DOI: 10.1016/j.jeconom.2009.09.019
发表时间: 2010-05
影响因子: 6.3
作者:
John Kennan;James R. Walker
通讯作者: John Kennan;James R. Walker