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Education and geographical mobility: the role of the job surplus

Amior, Michael (2019) Education and geographical mobility: the role of the job surplus. CEP Discussion Papers (1616). Centre for Economic Performance, LSE, London, UK.

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Abstract

Better-educated workers form many more long-distance job matches, and they move more quickly following local employment shocks. I argue this is a consequence of larger dispersion in wage offers, independent of geography. In a frictional market, this generates larger surpluses for workers in new matches, which can better justify the cost of moving - should the offer originate from far away. The market is then “thinner” but better integrated spatially. I motivate my hypothesis with new evidence on mobility patterns and subjective moving costs; and I test it using wage returns to local and long-distance matches over the jobs ladder.

Item Type: Monograph (Discussion Paper)
Official URL: http://cep.lse.ac.uk/_new/publications/series.asp?...
Additional Information: © 2019 The Authors Supersedes CEP Discussion Paper 1338
Divisions: Centre for Economic Performance
Subjects: J Political Science > JV Colonies and colonization. Emigration and immigration. International migration
H Social Sciences > HC Economic History and Conditions
H Social Sciences > HD Industries. Land use. Labor
JEL classification: J - Labor and Demographic Economics > J6 - Mobility, Unemployment, and Vacancies > J61 - Geographic Labor Mobility; Immigrant Workers
J - Labor and Demographic Economics > J6 - Mobility, Unemployment, and Vacancies > J64 - Unemployment: Models, Duration, Incidence, and Job Search
R - Urban, Rural, and Regional Economics > R2 - Household Analysis > R23 - Regional Migration; Regional Labor Markets; Population
Date Deposited: 29 Nov 2019 11:54
Last Modified: 14 Sep 2024 04:07
URI: http://eprints.lse.ac.uk/id/eprint/102701

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