Mobility and Regional Economic Downturns
研究发现区域失业率上升会降低居民在该区域内的居住流动性,因为不确定性增加和劳动力市场活跃度下降,人们倾向于推迟搬家。
In this paper I show how higher unemployment in a region may reduce thepopulation's residential mobility within that region. A period of higher unemployment creates more uncertainty among individuals about future income and place of employment so those with significant moving costs are more likely to consider delaying a move. Periods of relatively higher unemployment may also be characterized by fewer new hirings and fewer job quits, both of which tend to dampen mobility. A multinomial logit analysis using Panel Study of Income Dynamics data is used to examine the effect of state unemployment rates on the decision to move.