Stranded! How Rising Inequality Suppressed US Migration and Hurt Those Left Behind

Stranded! How Rising Inequality Suppressed US Migration and Hurt Those Left Behind
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... READ MORE...

Publication date: June 2019
ISBN 9781498311373
$18.00

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