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Migration within England and Wales and the Housing Market

机译:英格兰和威尔士的移民与住房市场

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摘要

Economic conditions exert a strong influence on regional migration. On the one hand, strong labour market conditions, as exemplified by low unemployment rates and high earnings, draw migrants into regions. On the other hand, strong housing market conditions can prevent movement since commuting may often be an alternative to migration. This can be thought of as giving rise to a migration equilibrium where high house prices choke off migration caused by strong labour market conditions. Expected capital gains in housing, however, can offset high levels of house prices, an effect ignored in previous literature. Migration can also be influenced more directly by the availability of housing relative to population without this being mediated through prices. This paper, by Gavin Cameron, John Muellbauer and Anthony Murphy, presents evidence on inter-regional net and gross migration between the regions of England and Wales that is broadly in accord with these expectations.
机译:经济条件对区域移民产生了重大影响。一方面,强劲的劳动力市场状况,例如低失业率和高收入,将移民吸引到该地区。另一方面,强劲的住房市场状况可以阻止通勤,因为通勤通常可以替代移民。可以认为这导致了移民均衡,高房价阻碍了劳动力市场条件强劲导致的移民。但是,住房的预期资本收益可以抵消高房价,这在以前的文献中被忽略。相对于人口而言,住房的可获得性也可以更直接地影响移民,而不受价格影响。由加文·卡梅伦,约翰·穆尔鲍尔和安东尼·墨菲撰写的这篇论文提出了英格兰和威尔士地区之间的区域间净移民和总移民的证据,这与这些期望基本相符。

著录项

  • 来源
    《Economic Outlook》 |2005年第3期|p.9-19|共11页
  • 作者

    Gavin Cameron;

  • 作者单位

    Department of Economics, University of Oxford, John Muellbauer, Nuffield College, University of Oxford, Anthony Murphy, University College, Dublin;

  • 收录信息
  • 原文格式 PDF
  • 正文语种 eng
  • 中图分类 经济计划与管理;
  • 关键词

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