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Project Citation: 

Howard, Greg. Data and Code for The Migration Accelerator: Labor Mobility, Housing, and Demand. Nashville, TN: American Economic Association [publisher], 2020. Ann Arbor, MI: Inter-university Consortium for Political and Social Research [distributor], 2020-09-28. https://doi.org/10.3886/E111722V1

Project Description

Summary:  View help for Summary
What is  the  role  of  migration  in  regional  evolutions?   I  document  that  within-U.S. migration  causes  a  reduction  in  the  unemployment  rate  of  the  receiving  city, over  several  years.   To  establish  this  causal  effect,  I  construct  an  instrument  using outmigration of other places and predict its destination from historical patterns.  The decline in unemployment is due to housing.  Housing is durable, so increased demand causes a surge of new houses and construction jobs.  Additionally, migrants' housing demand raises prices, increasing borrowing and non-tradable employment.  This finding implies the endogenous response of migration amplifies local labor demand shocks by about a third.
Funding Sources:  View help for Funding Sources National Science Foundation (136625)

Scope of Project

JEL Classification:  View help for JEL Classification
      E22 Investment • Capital • Intangible Capital • Capacity
      R21 Housing Demand
      R23 Regional Migration • Regional Labor Markets • Population • Neighborhood Characteristics
      R23
Geographic Coverage:  View help for Geographic Coverage United States
Time Period(s):  View help for Time Period(s) 1990 – 2013

Methodology

Geographic Unit:  View help for Geographic Unit CBSA

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