| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP5849 |
| DP5849 Product Market Reform and Innovation in the EU | |
| Rachel Griffith; Helen Simpson; Rupert Harrison | |
| 发表日期 | 2006-09-23 |
| 出版年 | 2006 |
| 语种 | 英语 |
| 摘要 | Economic conditions exert a strong influence on regional migration. On the one hand, strong labour market conditions, as exemplified by low unemployment rates and high earnings, draw migrants into regions. On the other hand, strong housing market conditions can prevent movement since expensive housing can deter migrants and commuting may often be an alternative. This can be thought of as giving rise to a migration equilibrium, where high house prices choke off migration caused by strong labour market conditions. Expected capital gains in housing and expected earnings growth however, can offset high levels of house prices, effects ignored in previous literature. Migration can also be influenced more directly by the availability of housing relative to population without this being mediated through prices. This paper presents evidence from a 28 year panel on net and gross migration for the regions of Britain that is broadly in accord with these expectations. |
| 主题 | Labour Economics |
| 关键词 | Regional migration House prices Expected capital gains Contiguity Great britain Regional panel |
| URL | https://cepr.org/publications/dp5849 |
| 来源智库 | Centre for Economic Policy Research (United Kingdom) |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/534687 |
| 推荐引用方式 GB/T 7714 | Rachel Griffith,Helen Simpson,Rupert Harrison. DP5849 Product Market Reform and Innovation in the EU. 2006. |
| 条目包含的文件 | 条目无相关文件。 | |||||
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