While the literature has established that there is substantial and highly selective return migration, the growing importance of repeat migration has been largely ignored. Using Markov chain analysis, this paper provides a modeling framework for repeated moves of migrants between the host and...

The paper develops a tractable econometric model of optimal migration, focusing on expected income as the main economic influence on migration. The model improves on previous work in two respects: it covers optimal sequences of location decisions (rather than a single once-for-all choice), and...

This paper explores the relation between social capital and regional labour mobility. Individuals live for two periods. In the first period they work and invest into regionally immobile social capital. At the end of the period there may be an income shock. In the case of a shock, individuals...