Journal ArticleDOI
Migration as investment: empirical tests of the human investment approach to geographical mobility
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In this paper, a simple model of migration as an economic process, and an empirical test of the model using data on net migration out of the United States South was provided, and the results suggest that the present value of the expected income gain from moving out in the South is positively related to the probability of moving and provides a better explanation of migration than the more conventional income measure based on regional differences in current incomes.Abstract:
T HE hypothesis that geographical mobility of workers is primarily a response to economic incentives arising from disequilibria across spacially separated labor markets has received considerable attention in the theoretical literature on investment in human beings.' In this paper I outline a simple model of migration as an economic process, and provide an empirical test of the model using data on net migration out of the United States South.2 To preview the main results, the model of migration as a response to economic incentive is supported. Specifically, the results suggest that the present value of the expected income gain from moving out of the South is positively related to the probability of moving and provides a better explanation of migration than the more conventional income measure based on regional differences in current incomes. Further, the level of schooling appears to increase the effect of income gain on the probability of moving, and age appears to reduce it. Significant racial differences in the main determinants of net migration are apparent.3read more
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Value of the ability to deal with disequilibria.
TL;DR: This article explored the relation of a person's education and experience to the ability to reallocate resources, especially under economic disequilibrium, and found that a farmer's level of education is positively related to successful disequilibria adaptations.
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Research on Internal Migration in the United States: A Survey
TL;DR: This study was begun while the author was on a Brookings Economic Policy Fellowship in the Office of Economic Research of the Economic Development Administration as mentioned in this paper, and the authors have made helpful comments on earlier drafts of the paper and none of whom bears any responsibility for remaining shortcomings.
Journal ArticleDOI
The Determinants of Earnings: A Behavioral Approach
TL;DR: The authors found that the advantages of the children of successful parents go beyond the benefits of superior education, the inheritance of wealth, or the genetic inheritance of cognitive ability, and suggested that noncognitive personality variables such as attitudes towards risk, ability to adapt to new economic conditions, hard work, and the rate of time preference affect both earning and the transmission of economic status across generations.
Journal ArticleDOI
Rural-urban migration, urban unemployment and underemployment, and job-search activity in LDCs.
TL;DR: The analysis is extended to consider several important factors which have previously been neglected--a more generalized approach to the job search process, the possibility of underemployment in the so-called urban "murky sector," preferential treatment by employers of the better educated, and consideration of labor turnover--and demonstrate that the resulting framework gives predictions closer to actual experience.
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Self-Selection and Internal Migration in the United States
TL;DR: In this paper, the authors provide an empirical analysis of internal migration flows using data from the National Longitudinal Surveys of Youth (NLSS) using the conceptual framework of the Roy model, and find that persons whose skills are most mismatched with the reward structure offered by their current state of residence are most likely to leave that state.
References
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Book
Equality of Educational Opportunity
TL;DR: In this article, the authors discuss the importance of equity and excellence in education in the context of the 1968 Equalization of EdUCATIONAL OPPORTUNITY (EOW) campaign.
Journal ArticleDOI
Tests of equality between sets of coefficients in two linear regressions
Book ChapterDOI
Investment in humans, technological diffusion and economic growth
TL;DR: Most economic theorists have embraced the principle that education enhances one's ability to receive, decode, and understand information, and that information processing and interpretation is important for performing or learning to perform many jobs as discussed by the authors.
Book ChapterDOI
The Costs and Returns of Human Migration
TL;DR: In this paper, the influence of migration as an equilibrating mechanism in a changing economy has been examined and it is shown that the movements of migrants clearly are in the appropriate direction, but we do not know whether the numbers are sufficient to correct income disparities as they emerge.
Book
Multicollinearity in Regression Analysis; the Problem Revisited
TL;DR: An attempt is made to define multicollinearity in terms of departures from a hypothesized statistical condition, and measures are proposed here that fill this need.