A life-cycle model of repeat migration |
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| Authors: | Dierx A H |
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| Institution: | 1. Shanghai Astronomical Observatory, Chinese Academy of Sciences, Shanghai, 200030, China;2. University of Chinese Academy of Sciences, Beijing, 100049, China;3. School of Remote Sensing and Geomatics Engineering, Nanjing University of Information Science and Technology, Nanjing, 210044, China;1. School of Public Policy, Oregon State Univeristy, Corvallis, OR 97331, USA;2. Department of Economics, Deakin Univeristy, Burwood VIC 3125, Australia;3. School of Finance, Renmin University of China, Beijing 100871, China;1. University of Eastern Finland, Department of Geographical and Historical Studies, Joensuu Campus, P.O. Box 111, 80101 Joensuu, Finland;2. Finnish Environment Institute (SYKE), Mechelininkatu 34A, 00101 Helsinki, Finland |
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| Abstract: | "This paper develops a theoretical model which analyzes the impact of the spatial distribution of a family's stock of human capital on its migration decision. This stock of human capital is composed of location-specific and non-specific human capital. The distribution of location-specific capital is a function of the residential and employment history of the family, while non-specific capital is distributed evenly over space. An empirical specification of the model is derived and estimated with a U.S.] data set consisting of a number of cases from the Michigan Panel Study of Income Dynamics." |
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