Titelaufnahme

Titel
Labor market frictions and moving costs of the employed and enemployed / Tyler Ransom (University of Oklahoma and IZA) ; IZA Institute of Labor Economics
VerfasserRansom, Tyler
KörperschaftForschungsinstitut zur Zukunft der Arbeit
ErschienenBonn, Germany : IZA Institute of Labor Economics, February 2019
Ausgabe
Elektronische Ressource
Umfang1 Online-Ressource (71 Seiten) : Diagramme, Karten
SerieDiscussion paper ; no. 12139
URNurn:nbn:de:hbz:5:2-181774 
Zugriffsbeschränkung
 Das Dokument ist öffentlich zugänglich im Rahmen des deutschen Urheberrechts.
Volltexte
Labor market frictions and moving costs of the employed and enemployed [0.53 mb]
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Zusammenfassung (Englisch)

This paper examines the role of labor market frictions and moving costs in explaining the migration behavior of US workers by employment status. Using data on low-skilled workers from the Survey of Income and Program Participation (SIPP), I estimate a dynamic model of individual labor supply and migration decisions. The model incorporates a reduced-form search model and allows for migration for non-market reasons. My estimates show that moving costs are substantial and that labor market frictions primarily inhibit migration of the employed. I use the model to study migration responses to local labor market shocks and to a moving subsidy. Workers' preferences for non-market amenities, coupled with substantial moving costs and employment frictions, grant market power to incumbent employers. Large moving costs also likely affect employers' recruiting behavior.