Metadata record for Data and Code for The Migration Accelerator: Labor Mobility, Housing, and Demand
111722
Inter-university Consortium for Political and Social Research
ICPSR metadata records are licensed under a Creative Commons Attribution-Noncommercial 3.0 United States License.
V1
Data and Code for The Migration Accelerator: Labor Mobility, Housing, and Demand
111722
http://doi.org/10.3886/E111722V1
Greg Howard
Please see full citation.
This work is licensed under a Creative Commons Attribution 4.0 International (CC BY 4.0) License.
National Science Foundation
136625
Ann Arbor, MI: Inter-university Consortium for Political and Social Research
Howard, Greg. Data and Code for The Migration Accelerator: Labor Mobility, Housing, and Demand. Nashville, TN: American Economic Association [publisher], 2020. Ann Arbor, MI: Inter-university Consortium for Political and Social Research [distributor], 2020-09-28. https://doi.org/10.3886/E111722V1
E22 Investment • Capital • Intangible Capital • Capacity
R21 Housing Demand
R23 Regional Migration • Regional Labor Markets • Population • Neighborhood Characteristics
R23
What is the role of migration in regional evolutions? I document that within-U.S. migration causes a reduction in the unemployment rate of the receiving city, over several years. To establish this causal effect, I construct an instrument using outmigration of other places and predict its destination from historical patterns. The decline in unemployment is due to housing. Housing is durable, so increased demand causes a surge of new houses and construction jobs. Additionally, migrants' housing demand raises prices, increasing borrowing and non-tradable employment. This finding implies the endogenous response of migration amplifies local labor demand shocks by about a third.
United States
CBSA