We study how Americans respond to idiosyncratic and exogenous changes in household
wealth and unearned income. Our analyses combine administrative data on US lottery …

We review developments in research on within-country migration, focusing on internal
migration in the United States. We begin by describing approaches to modeling individuals' …

Internal migration can respond to local shocks through either changes in in-or out-migration
rates. This paper documents that most of the response of internal migration is accounted for …

This paper investigates how migration and location choice decisions depend on a large set
of location characteristics, with particular focus on measuring the importance and nature of …

This article develops and estimates a dynamic model where individuals differ in ability and
location preference to evaluate the mechanisms that affect the evolution of immigrants' …

We present a fast and accurate computational method for solving and estimating a class of
dynamic programming models with discrete and continuous choice variables. The solution …

Real rents measured in the United States CPI increased 17.4 log-points from 2000 to 2018.
We present a spatial equilibrium framework to decompose the increase into several …

Search frictions and switching costs may grant monopsony power to incumbent employers
by reducing workers' outside options. This paper examines the role of labor market frictions …

Economists often estimate models using data from a particular domain, eg estimating risk
preferences in a particular subject pool or for a specific class of lotteries. Whether a model's …

Levels of internal migration have declined since the 1980s in many advanced economies.
Australian studies remain largely descriptive, making it difficult to ascertain the extent to …