Name: Finance and Economics Discussion Series: Net Migration and State Labor Market Dynamics (en Inglés)
Price: 113379.00 COP
Availability: InStock
Author: Gallin, Joshua Hojvat ; United States Federal Reserve Board
ISBN: 9781288718252

portada Finance and Economics Discussion Series: Net Migration and State Labor Market Dynamics (en Inglés)

Formato

Libro Físico

Autor

United States Federal Reserve Board

Joshua Hojvat Gallin

Editorial

Bibliogov

Idioma

Inglés

N° páginas

Encuadernación

Tapa Blanda

Dimensiones

24.6 x 18.9 x 0.2 cm

Peso

0.10 kg.

ISBN13

9781288718252

Categorías

Política y gobierno

Finance and Economics Discussion Series: Net Migration and State Labor Market Dynamics (en Inglés)

United States Federal Reserve Board (Autor) · Joshua Hojvat Gallin (Autor) · Bibliogov · Tapa Blanda

Libro Nuevo

$ 113.379

$ 174.429

Ahorras: $ 61.050

35% descuento

Envío normal

Origen: Estados Unidos (Costos de importación incluídos en el precio)

Se enviará desde nuestra bodega entre el Lunes 22 de Julio y el Miércoles 31 de Julio.

Lo recibirás en cualquier lugar de Colombia entre 1 y 5 días hábiles luego del envío.

Reseña del libro "Finance and Economics Discussion Series: Net Migration and State Labor Market Dynamics (en Inglés)"

I present a simple model of migration in which the net migration rate into a state depends on the expected present value of labor market conditions and amenities. I show that though this is a common model, existing empirical estimates do not separately identify the underlying parameters. The identification problem can be thought of as an omitted variable bias because no explicit measure of expected future labor market conditions is included. I use state-level data to estimate empirical models in which the underlying parameters are identified. I find that high wages and low unemployment encourage in-migration, but that the omitted variable bias can be large. For example, when I control for future conditions in one model, the strength of the relationship between current wages and net migration is less than half as large. I integrate the migration model into a simple labor supply and demand framework and use my estimates of the migration model to simulate a labor market's response to permanent and transitory demand shocks. In the short run, net migration responds more to permanent shocks and current wages and employment rates respond more to transitory ones.