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Internal migration in the United States: A comprehensive comparative assessment of the Consumer Credit Panel

Author

Listed:
  • Jack DeWaard

    (Population Council)

  • Janna Johnson

    (University of Minnesota Twin Cities)

  • Stephan Whitaker

    (Federal Reserve Bank of Cleveland)

Abstract

Background: We introduce and provide the first comprehensive comparative assessment of the Federal Reserve Bank of New York/Equifax Consumer Credit Panel (CCP) as a valuable and underutilized dataset for studying internal migration within the United States. Relative to other data sources on US internal migration, the CCP permits highly detailed cross-sectional and longitudinal analyses of migration, both temporally and geographically Objective: We seek to demonstrate the comparative utility and some of the unique advantages of the CCP relative to other data sources on US internal migration. Methods: We compare cross-sectional and longitudinal estimates of migration from the CCP to similar estimates derived from the American Community Survey, the Current Population Survey, Internal Revenue Service data, the National Longitudinal Survey of Youth, the Panel Study of Income Dynamics, and the Survey of Income and Program Participation. Results: Our results firmly establish the comparative utility and clearly illustrate some of the unique advantages of the CCP relative to other data sources on US internal migration. Conclusions: We conclude by identifying some profitable directions for future research on US internal migration using the CCP, as well as reminding readers of the strengths and limitations of these data. Contribution: We provide an introduction to the CCP as a comprehensive comparative point of reference to stimulate future research on US internal migration using these data. More broadly, this paper contributes to research on the use of nontraditional data sources to study migration given well-documented problems with the availability, quality, and comparability of migration data from traditional sources.

Suggested Citation

  • Jack DeWaard & Janna Johnson & Stephan Whitaker, 2019. "Internal migration in the United States: A comprehensive comparative assessment of the Consumer Credit Panel," Demographic Research, Max Planck Institute for Demographic Research, Rostock, Germany, vol. 41(33), pages 953-1006.
  • Handle: RePEc:dem:demres:v:41:y:2019:i:33
    DOI: 10.4054/DemRes.2019.41.33
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    Cited by:

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    2. Alaina Barca & Larry Santucci & Leigh-Ann Schultz, 2022. "Foreclosure Kids: Examining the Early Adult Credit Usage of Adolescents Affected by Foreclosure," Working Papers 22-21, Federal Reserve Bank of Philadelphia.
    3. Anqi Xu, 2023. "Spatial Patterns and Determinants of Inter-county Migration in California: A Multilevel Gravity Model Approach," Population Research and Policy Review, Springer;Southern Demographic Association (SDA), vol. 42(3), pages 1-33, June.
    4. Gaetano Basso & Giovanni Peri, 2020. "Internal Mobility: The Greater Responsiveness of Foreign-Born to Economic Conditions," Journal of Economic Perspectives, American Economic Association, vol. 34(3), pages 77-98, Summer.
    5. Christa N. Gibbs & Benedict Guttman-Kenney & Donghoon Lee & Scott Nelson & Wilbert Van der Klaauw & Jialan Wang, 2024. "Consumer Credit Reporting Data," Staff Reports 1114, Federal Reserve Bank of New York.
    6. Catalina Anampa Castro & Katherine Curtis & Jack DeWaard & Elizabeth Fussell & Kathryn McConnell & Kobie Price & Michael Soto & Stephan D. Whitaker, 2021. "Migration as a Vector of Economic Losses from Disaster-Affected Areas in the United States," Working Papers 21-22, Federal Reserve Bank of Cleveland.
    7. Jack DeWaard & Mathew Hauer & Elizabeth Fussell & Katherine J. Curtis & Stephan D. Whitaker & Kathryn McConnell & Kobie Price & David Egan-Robertson & Michael Soto & Catalina Anampa Castro, 2022. "User Beware: Concerning Findings from the Post 2011–2012 U.S. Internal Revenue Service Migration Data," Population Research and Policy Review, Springer;Southern Demographic Association (SDA), vol. 41(2), pages 437-448, April.
    8. Stephan D. Whitaker, 2022. "Is the grass really greener? Migrants' improvements in local labor market conditions and financial health," Working Papers 22-04, Federal Reserve Bank of Cleveland.
    9. Arthur Acolin & Ari Decter-Frain & Matt Hall, 2022. "Small-area estimates from consumer trace data," Demographic Research, Max Planck Institute for Demographic Research, Rostock, Germany, vol. 47(27), pages 843-882.
    10. Madeleine I. G. Daepp, 2022. "Small-area moving ratios and the spatial connectivity of neighborhoods: Insights from consumer credit data," Environment and Planning B, , vol. 49(3), pages 1129-1146, March.

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    More about this item

    Keywords

    internal migration; comparative analysis; longitudinal; Consumer Credit Panel; cross-sectional;
    All these keywords.

    JEL classification:

    • J1 - Labor and Demographic Economics - - Demographic Economics
    • Z0 - Other Special Topics - - General

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