Are College Graduates More Responsive to Distant Labor Market Opportunities?
AbstractAre highly educated workers better at locating in areas with high labor demand? To answer this question, I use three decades of U.S. Census data to estimate a McFadden-style model of residential location choice. I test for education differentials in the likelihood that young workers reside in states experiencing positive labor demand shocks at the time these workers entered the labor market. I find effects of changes in state labor demand on college graduate location choice that are several times greater than for high school graduates. Nevertheless, medium-run wage effects of entry labor market conditions for college graduates equal or exceed those of less-educated workers.
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Bibliographic InfoArticle provided by University of Wisconsin Press in its journal Journal of Human Resources.
Volume (Year): 45 (2010)
Issue (Month): 4 ()
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Web page: http://jhr.uwpress.org/
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