mobility and work
2017-08-04 15:56:45.932381+02 by Dan Lyke 0 comments
The Great Stagnation: Americans stopped moving to find work
The paper proposes a potential answer to a question that has nagged researchers and political observers in the current anti-establishment wave: why people in the decaying rust belt do not just move. According to the authors, a primary reason is state and local zoning regulations that have increasingly slowed housing growth in the most attractive cities since the middle of the 20th century, thus driving up real estate prices.
"The paper" is National Bureau of Economic Research: Why Has Regional Income Convergence in the U.S. Declined? ($5 paywall), which I have not read.
Perhaps an older version of the paper: Why Has Regional Income Convergence in the U.S. Declined? (PDF).