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MIGRATION WITH IMPERFECT INFORMATION: A THEORETICAL AND EMPIRICAL STUDY OF INDIVIDUAL DECISIONMAKING (POPULATION, REGIONAL ECONOMICS).

机译:迁移不完善的信息:个体决策(人口,区域经济)的理论和实证研究。

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摘要

This dissertation is a theoretical and empirical investigation of the individual's migration decision. It focuses on the role of imperfect information, individual differences in risk aversion, and local labor market characteristics in the individual's decision to move from or stay at a location.;A random coefficient specification of a move or stay model of migration is used to test the contribution of the origin market, as it influences the decision through the distribution of wages and amenities, and individual differences in risk aversion. The data is a sample of employed males from the 1979-1980 National Longitudinal Survey of Youths. Results suggest that models which do not explicitly account for risk aversion may be misspecified. Also, the location specific effects which act through amentities and the distribution of wages have significant effects on the probability of migration. The main policy implication of this research is that income and unemployment place targeting policies may not stem out-migration from a declining market.;The individual's migration decision is modeled as the outcome of a comparison of the expected utility at an alternative market to the utility at an origin market. Imperfect information is modeled by restricting the information held by individuals first to their own current market wage, and second to their own wage plus some additional information on the source of their wage level as being local or national. Individuals are assumed to form rational expectations about the alternative market wage level given their information, knowledge of location-specific amenities, and uncertainty about employment opportunities. A decomposition of wages into market specific and economy-wide sources of variation is used to illustrate the effect of market differences on migration decisions. The distance between markets is hypothesized to affect the value of the individual's information and hence the likelihood of a move because markets that are geographically proximate may have economies similar to those in which the individual currently resides.
机译:本文是对个体迁移决策的理论和实证研究。它着眼于不完全信息,个人对风险规避的差异以及当地劳动力市场特征在个人决定离开或留在某个地点中的作用。;使用迁移或留置模型的随机系数说明来检验原始市场的贡献,因为它通过工资和便利设施的分配以及风险规避的个体差异影响决策。数据是1979-1980年全国青年纵向调查中所雇用男性的样本。结果表明,没有明确说明风险规避的模型可能会错误指定。同样,通过智商和工资分配起作用的特定于地点的影响对移民的可能性也有重大影响。这项研究的主要政策含义是,收入和失业场所针对性政策可能不会源于市场下降带来的移民。个人的移民决策被建模为将替代市场上的预期效用与效用进行比较的结果在原始市场上。不完全信息的建模是通过将个人持有的信息首先限制在他们自己当前的市场工资上,然后将其限制在他们自己的工资上,再加上一些有关其本地或国家工资水平来源的附加信息。考虑到他们的信息,对特定地点的便利的了解以及对就业机会的不确定性,假定个人对替代市场工资水平形成理性预期。将工资分解为特定于市场的和整个经济范围内的差异来源,可说明市场差异对移民决定的影响。假设市场之间的距离会影响个人信息的价值,从而影响转移的可能性,因为地理位置最接近的市场可能具有与个人当前居住地相似的经济。

著录项

  • 作者单位

    University of Pennsylvania.;

  • 授予单位 University of Pennsylvania.;
  • 学科 Labor economics.
  • 学位 Ph.D.
  • 年度 1985
  • 页码 213 p.
  • 总页数 213
  • 原文格式 PDF
  • 正文语种 eng
  • 中图分类
  • 关键词

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