Stranded How Rising Inequality Suppressed US Migration and Hurt Those Left Behind is popular PDF and ePub book, written by Mr.Tamim Bayoumi in 2019-06-03, it is a fantastic choice for those who relish reading online the Business & Economics genre. Let's immerse ourselves in this engaging Business & Economics book by exploring the summary and details provided below. Remember, Stranded How Rising Inequality Suppressed US Migration and Hurt Those Left Behind can be Read Online from any device for your convenience.
Stranded How Rising Inequality Suppressed US Migration and Hurt Those Left Behind Book PDF Summary
Using bilateral data on migration across US metro areas, we find strong evidence that increasing house price and income inequality has reduced long distance migration, the type most linked to jobs. For those migrating uphill, from a less to a more prosperous location, lower mobility is driven by increasing house price inequlity, as the disincentives from higher house prices dominate the incentives from higher earnings. By contrast, increasing income inequality drives the fall in downhill migration as the disincentives from lower earnings dominate the incentives from lower house prices. The model underlines the plight of those trapped in decaying metro areas—those “left behind”.
Detail Book of Stranded How Rising Inequality Suppressed US Migration and Hurt Those Left Behind PDF
- Author : Mr.Tamim Bayoumi
- Release : 03 June 2019
- Publisher : International Monetary Fund
- ISBN : 9781498318341
- Genre : Business & Economics
- Total Page : 34 pages
- Language : English
- PDF File Size : 10,8 Mb
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