Flashcards on Labor Economics: Migration and Job Turnover
Labor Economics: Migration and Job Turnover Explained for Students
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Migration
30 cards
Card 1
Question: What is a factor that can prevent someone from migrating despite potential earnings gains elsewhere?
Answer: High financial costs of moving, unwillingness to leave family and friends, a well-paying spouse at the current location, or a child reluctant to chang
Card 2
Question: Which option is NOT likely to prevent some people from migrating?
Answer: Having a lucrative job offer in a different city.
Card 3
Question: Define a 'tied mover' and a 'tied stayer' within a household considering migration.
Answer: A tied mover is someone who moves because other household members move even if they would be better off staying; a tied stayer is someone who stays be
Card 4
Question: If a two-person household moves together, what household migration compositions are possible?
Answer: Both can be tied movers, both can be voluntary movers, one can be a tied mover while the other is a tied stayer, or neither may be tied movers — famil
Card 5
Question: Given Crystal: move cost $300, earns $500 in Chicago and $550 in Tampa; Amelia: move cost $600, earns $200 in Chicago and $1000 in Tampa — will the co
Answer: Yes. Joint Chicago income = $700; joint Tampa income = $1,550; joint moving cost = $900; net gain = $1,550 - $700 - $900 = -$50? (But correct reasonin
Card 6
Question: Can a person individually be better off by moving while their family is better off staying?
Answer: Yes. A person might want to move for personal gains even though the family as a whole would be better off not moving.
Card 7
Question: Will a family always move if at least one member is better off by moving?
Answer: No. Families may stay if the household decision considers all members; a family might not move even if one member benefits if others lose out.
Card 8
Question: Is cultural assimilation considered a migration cost?
Answer: Yes, cultural assimilation is included among migration costs.
Card 9
Question: Why are high-power couples more likely to migrate to large urban areas than low-power couples?
Answer: Urban areas offer a greater array of job opportunities and higher wages for educated people, reducing the chance someone in a high-power couple become
Card 10
Question: What factor is least likely to affect the net gain to migration?
Answer: A general increase in the national price level.