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
中科院分区:
文献类型:
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作者:
Raven E. Saks;A. Wozniak
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.
影响因子:
6.3
作者:
John Kennan;James R. Walker
通讯作者:
John Kennan;James R. Walker