Title: Education and geographical mobility: the role of the job surplus
Abstract: Better-educated workers form many more long-distance job matches, and they move more quickly following local employment shocks. I argue this is a consequence of larger dispersion in wage offers, independent of geography. In a frictional market, this generates larger surpluses for workers in new matches, which can better justify the cost of moving - should the offer originate from far away. The market is then “thinner” but better integrated spatially. I motivate my hypothesis with new evidence on mobility patterns and subjective moving costs; and I test it using wage returns to local and long-distance matches over the jobs ladder.
Publication Year: 2019
Publication Date: 2019-05-01
Language: en
Type: preprint
Access and Citation
Cited By Count: 7
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