Business dynamism, educational attainment, and residential location choice
利用美国青年纵向调查数据，研究发现商业活力（就业创造和企业进入率）每提高一个标准差，大学毕业生选择某大都市区的概率增加2%-4%，而高中毕业生则降低8%-15%。
Abstract Using individual‐level, geocode data from the National Longitudinal Survey of Youth's 1997 cohort, I ask whether business dynamism in local labor markets, defined as the rates of job creation and establishment entry, affects the location decisions of labor force participants, and I examine how effects differ for highly and less educated labor force participants. I find that a one standard deviation increase in business dynamism is associated with a 2%–4% increase in the probability a college graduate chooses a metropolitan statistical area and an 8%–15% decrease for high school graduates with no college experience. These results support recent findings documenting a decrease in responsiveness to local labor market conditions and suggest that incentivizing job creation in local labor markets may not be enough to offset the trend of declining internal migration in the United States.