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来源类型 | Working Paper |
规范类型 | 报告 |
DOI | 10.3386/w22392 |
来源ID | Working Paper 22392 |
The Gift of Moving: Intergenerational Consequences of a Mobility Shock | |
Emi Nakamura; Jósef Sigurdsson; Jón Steinsson | |
发表日期 | 2016-07-11 |
出版年 | 2016 |
语种 | 英语 |
摘要 | We exploit a volcanic “experiment" to study the costs and benefits of geographic mobility. We show that moving costs (broadly defined) are very large and labor therefore does not flow to locations where it earns the highest returns. In our experiment, a third of the houses in a town were covered by lava. People living in these houses were much more likely to move away permanently. For those younger than 25 years old who were induced to move, the “lava shock” dramatically raised lifetime earnings and education. Yet, the benefits of moving were very unequally distributed within the family: Those older than 25 (the parents) were made slightly worse off by the shock. The large gains from moving for the young are surprising in light of the fact that the town affected by our volcanic experiment was (and is) a relatively high income town. We interpret our findings as evidence of the importance of comparative advantage: the gains to moving may be very large for those badly matched to the location they happened to be born in, even if differences in average income are small. |
主题 | Macroeconomics ; Consumption and Investment ; Labor Economics ; Unemployment and Immigration ; Development and Growth ; Development ; Regional and Urban Economics |
URL | https://www.nber.org/papers/w22392 |
来源智库 | National Bureau of Economic Research (United States) |
引用统计 | |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/580065 |
推荐引用方式 GB/T 7714 | Emi Nakamura,Jósef Sigurdsson,Jón Steinsson. The Gift of Moving: Intergenerational Consequences of a Mobility Shock. 2016. |
条目包含的文件 | ||||||
文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
w22392.pdf(1485KB) | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 |
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