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Interregional Migration ‘Wage Premia’: The Case of Creative and Science and Technology Graduates in the UK

In: Applied Regional Growth and Innovation Models

Author

Listed:
  • Sarah Jewell

    (University of Reading)

  • Alessandra Faggian

    (The Ohio State University)

Abstract

Since the seminal contribution by Sjaastad (1962), the so-called ‘human capital migration theory’ has become extremely popular among economists, especially regional economists. The basic idea is that migration itself can be viewed as an investment in human capital. A rational individual would use relocation as a means to maximize long-term utility and would move if the future discounted benefits of relocating outweigh the costs associated with the move.

Suggested Citation

  • Sarah Jewell & Alessandra Faggian, 2014. "Interregional Migration ‘Wage Premia’: The Case of Creative and Science and Technology Graduates in the UK," Advances in Spatial Science, in: Karima Kourtit & Peter Nijkamp & Robert Stimson (ed.), Applied Regional Growth and Innovation Models, edition 127, chapter 0, pages 197-214, Springer.
    • Handle: RePEc:spr:adspcp:978-3-642-37819-5_9
    DOI: 10.1007/978-3-642-37819-5_9
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    Cited by:

    1. Sarah Jewell & Pantelis Kazakis, 2021. "Migration patterns and job satisfaction: evidence from European doctorate holders," The Annals of Regional Science, Springer;Western Regional Science Association, vol. 66(2), pages 359-407, April.

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