EconPapers    
Economics at your fingertips  
 

Geographic Mobility and Redistribution - A Macro-Economic Analysis

Daniele Coen-Pirani

No 1079, 2017 Meeting Papers from Society for Economic Dynamics

Abstract: I study the effect of progressive income redistribution on human capital investment and welfare in a new dynamic model of migration. The model features an arbitrary number of labor markets and finitely-lived agents, yet it is analytically tractable. The model's key parameters are estimated using panel data on migration and wage growth from the PSID. The quantitative model is used to perform counterfactual analysis. A more progressive tax-transfer scheme is shown to reduce migration rates. This distortion to human capital investment induces the welfare-maximizing social planner to select a less progressive tax system than under exogenous geographic mobility.

Date: 2017
New Economics Papers: this item is included in nep-dge, nep-mig and nep-ure
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
https://red-files-public.s3.amazonaws.com/meetpapers/2017/paper_1079.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:red:sed017:1079

Access Statistics for this paper

More papers in 2017 Meeting Papers from Society for Economic Dynamics Society for Economic Dynamics Marina Azzimonti Department of Economics Stonybrook University 10 Nicolls Road Stonybrook NY 11790 USA. Contact information at EDIRC.
Bibliographic data for series maintained by Christian Zimmermann ().

 
Page updated 2024-03-31
Handle: RePEc:red:sed017:1079