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- W1587977490 abstract "We use panel data to estimate a model of migration decision with unobserved heterogeneity. A household chooses to migrate when the expected income net of moving costs outweighs his income if staying. Incomes and costs are specified as functions of observed characteristics, individual random effects and i.i.d. shocks. Results suggest that a large part of the random component in the income equations is explained by unobserved heterogeneity, idiosyncratic shocks having smaller effects. By contrast, in the moving cost equation, unobserved heterogeneity is negligible. We also find that the effects of unobserved characteristics on income when moving and staying are the same. JEL Classification: J61, R23, C24, C33, C34" @default.
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- W1587977490 date "2003-01-01" @default.
- W1587977490 modified "2023-09-27" @default.
- W1587977490 title "Migrations, Incomes and Unobserved Heterogeneity" @default.
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