Not Moving to Opportunity - Marginal REVOLUTION

11:15:00 AM

I wonder how much of this is due to the burdens of occupational licensing.

Not Moving to Opportunity - Marginal REVOLUTION: "Labor market mobility in the United States has declined. Interstate migration is down (graph at right from Molloy, Smith, Trezzi and Wozniak) and so is in-state-migration, especially for the less well educated. Where once people responded to shocks by moving to opportunity now they are likely to stay put and retire early or take-up disability insurance."

'via Blog this'

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