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Mobility and Regional Economic Downturns
Jönköping University, Jönköping International Business School, JIBS, Economics.
2000 (English)In: Journal of regional science, ISSN 0022-4146, E-ISSN 1467-9787, Vol. 40, no 1, p. 45-65Article in journal (Refereed) Published
Abstract [en]

In this paper I show how higher unemployment in a region may reduce thepopulation's residential mobility within that region. A period of higher unemployment creates more uncertainty among individuals about future income and place of employment so those with significant moving costs are more likely to consider delaying a move. Periods of relatively higher unemployment may also be characterized by fewer new hirings and fewer job quits, both of which tend to dampen mobility. A multinomial logit analysis using Panel Study of Income Dynamics data is used to examine the effect of state unemployment rates on the decision to move.

Place, publisher, year, edition, pages
2000. Vol. 40, no 1, p. 45-65
Keywords [en]
unemployment, migration, mobility, regional, value of waiting, uncertainty, PSID, intertemporal choice
National Category
Economics
Identifiers
URN: urn:nbn:se:hj:diva-2540DOI: 10.1111/1467-9787.00164OAI: oai:DiVA.org:hj-2540DiVA, id: diva2:33360
Available from: 2007-06-14 Created: 2007-06-14 Last updated: 2017-12-12Bibliographically approved

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Publisher's full texthttp://www.blackwell-synergy.com/action/showPdf?submitPDF=Full+Text+PDF+%28200+KB%29&doi=10.1111%2F1467-9787.00164

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Hacker, R Scott

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