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220928 ||| eng |
| 020 |
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|a 9781498311373
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| 100 |
1 |
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|a Bayoumi, Tamim
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| 245 |
0 |
0 |
|a Stranded! How Rising Inequality Suppressed US Migration and Hurt Those Left Behind
|c Tamim Bayoumi, Jelle Barkema
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| 260 |
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|a Washington, D.C.
|b International Monetary Fund
|c 2019
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| 300 |
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|a 34 pages
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| 651 |
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4 |
|a United States
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| 653 |
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|a Population and demographics
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| 653 |
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|a International Migration
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| 653 |
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|a Migration
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| 653 |
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|a Population & demography
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| 653 |
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|a Housing
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| 653 |
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|a Housing Supply and Markets
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| 653 |
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|a Property & real estate
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| 653 |
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|a Real Estate
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| 653 |
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|a Geographic Labor Mobility
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| 653 |
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|a Mobility, Unemployment, and Vacancies: Public Policy
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| 653 |
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|a Migration, immigration & emigration
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| 653 |
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|a Aggregate Factor Income Distribution
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| 653 |
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|a Housing prices
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| 653 |
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|a Immigrant Workers
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| 653 |
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|a Personal income
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| 653 |
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|a Income
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| 653 |
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|a Personal Income, Wealth, and Their Distributions
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| 653 |
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|a Population
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| 653 |
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|a Prices
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| 653 |
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|a Macroeconomics
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| 653 |
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|a Demographic Economics: General
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| 653 |
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|a National accounts
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| 653 |
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|a Emigration and Immigration
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| 653 |
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|a Income distribution
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| 653 |
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|a Demography
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| 653 |
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|a Income inequality
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| 653 |
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|a Emigration and immigration
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| 700 |
1 |
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|a Barkema, Jelle
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| 041 |
0 |
7 |
|a eng
|2 ISO 639-2
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| 989 |
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|b IMF
|a International Monetary Fund
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| 490 |
0 |
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|a IMF Working Papers
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| 028 |
5 |
0 |
|a 10.5089/9781498311373.001
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| 856 |
4 |
0 |
|u https://elibrary.imf.org/view/journals/001/2019/122/001.2019.issue-122-en.xml?cid=46824-com-dsp-marc
|x Verlag
|3 Volltext
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| 082 |
0 |
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|a 330
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| 520 |
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|a Using bilateral data on migration across US metro areas, we find strong evidence that increasing house price and income inequality has reduced long distance migration, the type most linked to jobs. For those migrating uphill, from a less to a more prosperous location, lower mobility is driven by increasing house price inequlity, as the disincentives from higher house prices dominate the incentives from higher earnings. By contrast, increasing income inequality drives the fall in downhill migration as the disincentives from lower earnings dominate the incentives from lower house prices. The model underlines the plight of those trapped in decaying metro areas—those “left behind”
|