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Why do People Stay? Insider Advantages and Immobility 31
Fischer, Peter A.; Holm, Einar; Malmberg, Gunnar; Straubhaar, Thomas.
The low mobility of people in Europe is considered a problem for adjustment to asymmetric shocks and regional convergence in the European Monetary Union. We suggest a complement to the traditional migration theories, the insider advantages approach to explain why most Europeans prefer to stay. Staying immobile they have accumulated work- and leisure-oriented insider advantages that are location-specific and would be lost in the case of emigration. Therefore, the longer people have stayed - and the more insider advantages they have accumulated -, the less likely they are to move. Using a new micro dataset covering all people resident in Sweden in 1994 and their mobility experience since 1985, we find a strong positive duration dependence of the probability...
Tipo: Working or Discussion Paper Palavras-chave: Labor and Human Capital; F22; J60; R23.
Ano: 2000 URL: http://purl.umn.edu/26310
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