New User Special Price Expires in

Let's log you in.

Sign in with Facebook


Don't have a StudySoup account? Create one here!


Create a StudySoup account

Be part of our community, it's free to join!

Sign up with Facebook


Create your account
By creating an account you agree to StudySoup's terms and conditions and privacy policy

Already have a StudySoup account? Login here

Week 1 Notes

by: Sophie_

Week 1 Notes AEDE 3680

GPA 3.8
View Full Document for 0 Karma

View Full Document


Unlock These Notes for FREE

Enter your email below and we will instantly email you these Notes for Regional Economics

(Limited time offer)

Unlock Notes

Already have a StudySoup account? Login here

Unlock FREE Class Notes

Enter your email below to receive Regional Economics notes

Everyone needs better class notes. Enter your email and we will send you notes for this class for free.

Unlock FREE notes

About this Document

These notes cover the sixth lecture in our class series. The past few class periods after our last exam have been class presentations on the metropolitan area of our choice, so the notes have been ...
Regional Economics
Alessandra Faggian
Class Notes
regional economics, Economics, AEDE, Ag Econ




Popular in Regional Economics

Popular in Economcs

This 2 page Class Notes was uploaded by Sophie_ on Monday April 11, 2016. The Class Notes belongs to AEDE 3680 at Ohio State University taught by Alessandra Faggian in Spring 2016. Since its upload, it has received 85 views. For similar materials see Regional Economics in Economcs at Ohio State University.


Reviews for Week 1 Notes


Report this Material


What is Karma?


Karma is the currency of StudySoup.

You can buy or earn more Karma at anytime and redeem it for class notes, study guides, flashcards, and more!

Date Created: 04/11/16
AEDE 3680 Midterm 1 Study Guide Regional Economics & Sustainable Growth LECTURE 6  Interregional Migration o It is relatively easier for people to migrate than for firms to migrate. o Migration rates in Europe and in other countries have traditionally been lower than in the United States. o Significant differences between countries in Europe.  Why do people migrate? o Normally they migrate because of job-related reasons, but more generally…people compare benefits and costs of migrating and migrate if the net present value of a migration movement is POSITIVE.  Various factors influence the net present value of migration. These factors, also called determinants of migration, include: 1. Individual characteristics a. Age b. Family circumstances c. Education 2. Regional characteristics a. Unemployment rates b. Real earnings c. Amenities 3. Other characteristics a. Distance between origin and destination b. Business cycle  1a. Age o Older people are less likely to migrate, for several reasons:  Fewer years to recoup investment costs;  Higher level of specific, nontransferable human capital;  Higher psychological costs e.g. network of friends and family;  Higher migration costs e.g. hiring professional movers rather than moving possessions yourself;  People are most mobile after completing lengthy investments in human capital (college education, etc). o The only exception to this is retirement migration.  Migration can be age-selective.  Implications: certain states might get older and others younger because of the population redistribution due to internal migration.  1b. Family Factors o The potential costs of migrating multiply as family size increases.  Married workers migrate less than single workers do;  The presence of school-aged children reduces migration;  If both spouses work, migration is less likely…(two-body problem)  1c. Education o Empirical studies have shown that those with a higher level of education (e.g. graduates) are more likely to migrate.  Expansion of search radius—individuals invest in education in anticipation of higher future returns, e.g. better quality and higher-paying jobs, but such jobs are less common;  Lower information costs—more educated people have a superior ability to process and find information efficiently;  Less psychological costs—less educated people rely more on family and friends than the better educated;  Repeat migration—educated people have already moved for their jobs, so they’re more inclined to move again to find a job (path-dependency, etc).  Education and migration both represent investments in human capital & there are “economies of scale” in combining the two.  Classifications (shortened name)—common categories 1. Repeat migration (RE)—women, higher grade (HK), younger 2. Return migration (RT)—men, arts, older, lower grade (HK) 3. University stayer (US)—men, younger 4. Late migrant (LM)—higher grade, older ethnic minorities, social sciences 5. Non migrant (NM)—women, older ethnic minorities


Buy Material

Are you sure you want to buy this material for

0 Karma

Buy Material

BOOM! Enjoy Your Free Notes!

We've added these Notes to your profile, click here to view them now.


You're already Subscribed!

Looks like you've already subscribed to StudySoup, you won't need to purchase another subscription to get this material. To access this material simply click 'View Full Document'

Why people love StudySoup

Jim McGreen Ohio University

"Knowing I can count on the Elite Notetaker in my class allows me to focus on what the professor is saying instead of just scribbling notes the whole time and falling behind."

Amaris Trozzo George Washington University

"I made $350 in just two days after posting my first study guide."

Steve Martinelli UC Los Angeles

"There's no way I would have passed my Organic Chemistry class this semester without the notes and study guides I got from StudySoup."

Parker Thompson 500 Startups

"It's a great way for students to improve their educational experience and it seemed like a product that everybody wants, so all the people participating are winning."

Become an Elite Notetaker and start selling your notes online!

Refund Policy


All subscriptions to StudySoup are paid in full at the time of subscribing. To change your credit card information or to cancel your subscription, go to "Edit Settings". All credit card information will be available there. If you should decide to cancel your subscription, it will continue to be valid until the next payment period, as all payments for the current period were made in advance. For special circumstances, please email


StudySoup has more than 1 million course-specific study resources to help students study smarter. If you’re having trouble finding what you’re looking for, our customer support team can help you find what you need! Feel free to contact them here:

Recurring Subscriptions: If you have canceled your recurring subscription on the day of renewal and have not downloaded any documents, you may request a refund by submitting an email to

Satisfaction Guarantee: If you’re not satisfied with your subscription, you can contact us for further help. Contact must be made within 3 business days of your subscription purchase and your refund request will be subject for review.

Please Note: Refunds can never be provided more than 30 days after the initial purchase date regardless of your activity on the site.