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Calling from the outside: The role of networks in residential mobility

Konstantin Buechel, Diego Puga (), Elisabet Viladecans-Marsal () and Maximilian von Ehrlich ()

No 13615, CEPR Discussion Papers from C.E.P.R. Discussion Papers

Abstract: Using anonymised cellphone data, we study the role of social networks in residential mobility decisions. Individuals with few local contacts are more likely to change residence. Movers strongly prefer places with more of their contacts close-by. Contacts matter because proximity to them is itself valuable and increases the enjoyment of attractive locations. They also provide hard-to-find local information and reduce frictions, especially in home-search. Local contacts who left recently or are more central are particularly influential. As people age, proximity to family gains importance relative to friends.

Keywords: cellphone data; residential mobility; Social Networks (search for similar items in EconPapers)
JEL-codes: R23 (search for similar items in EconPapers)
Date: 2019-03
New Economics Papers: this item is included in nep-geo, nep-mig, nep-net and nep-ure
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