Regional Migration, Wages and Unemployment: Empirical Evidence and Implications for Policy
This paper estimates the response of interregional net migration to wage and unemployment differentials and the adjustment of relative wages over time in Britain. It finds that the regional system eventually eliminates disequilibrium unemployment differentials and adjusts to an equilibrium where a region's relative wage compensates for its unemployment differential at the rate 3:1 (i.e., 3 percent higher wage for a percentage point higher unemployment). Adjustment is very slow, so regional policy might save several person-years of unemployment by offering incentives for the faster movement of people and jobs. Copyright 1990 by Royal Economic Society.
If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
As the access to this document is restricted, you may want to look for a different version under "Related research" (further below) or search for a different version of it.
Volume (Year): 42 (1990)
Issue (Month): 4 (October)
|Contact details of provider:|| Postal: Oxford University Press, Great Clarendon Street, Oxford OX2 6DP, UK|
Fax: 01865 267 985
Web page: http://oep.oupjournals.org/
|Order Information:||Web: http://www.oup.co.uk/journals|
When requesting a correction, please mention this item's handle: RePEc:oup:oxecpp:v:42:y:1990:i:4:p:812-31. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Oxford University Press)or (Christopher F. Baum)
If references are entirely missing, you can add them using this form.