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The Economics of Internal Migration: Advances and Policy Questions

FEDS Working Paper No. 2022-3

46 Pages Posted: 8 Feb 2022

See all articles by Ning Jia

Ning Jia

Central University of Finance and Economics (CUFE)

Raven Molloy

Board of Governors of the Federal Reserve System

Christopher L. Smith

Board of Governors of the Federal Reserve System

Abigail Wozniak

Federal Reserve Banks - Federal Reserve Bank of Minneapolis; IZA Institute of Labor Economics

Multiple version iconThere are 2 versions of this paper

Date Written: February 1, 2022

Abstract

We review developments in research on within-country migration, focusing on internal migration in the U.S. We begin by describing approaches to modelling individuals' migration decisions and equilibrium outcomes across local areas. Next, we summarize evidence regarding the impact of migration on individuals' outcomes, implications of migration for local labor market adjustment, and interactions between migration and housing markets. Finally, we discuss evidence on the efficacy of policies aimed at encouraging migration and conclude by highlighting important unanswered questions that are critical for informing migration-related policy.

Keywords: Internal migration, Migration, Mobility

JEL Classification: J60, J61, J68, R10

Suggested Citation

Jia, Ning and Molloy, Raven and Smith, Christopher L. and Wozniak, Abigail, The Economics of Internal Migration: Advances and Policy Questions (February 1, 2022). FEDS Working Paper No. 2022-3, Available at SSRN: https://ssrn.com/abstract=4028260 or http://dx.doi.org/10.17016/FEDS.2022.003

Ning Jia (Contact Author)

Central University of Finance and Economics (CUFE) ( email )

39 South College Road
Haidian District
Beijing, Beijing 100081
China

Raven Molloy

Board of Governors of the Federal Reserve System ( email )

20th Street and Constitution Avenue NW
Washington, DC 20551
United States

Christopher L. Smith

Board of Governors of the Federal Reserve System ( email )

20th Street and Constitution Avenue NW
Washington, DC 20551
United States

Abigail Wozniak

Federal Reserve Banks - Federal Reserve Bank of Minneapolis ( email )

90 Hennepin Avenue
Minneapolis, MN 55480
United States

IZA Institute of Labor Economics

P.O. Box 7240
Bonn, D-53072
Germany

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