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Persistent link: https://www.econbiz.de/10012094664
Less information about a location has long been believed to be a barrier to new migration to that location. Diverse empirical results support this belief. Here we show that if agents are risk-neutral, less information about a location not only is "not" a barrier to migration to that location, it...
Persistent link: https://www.econbiz.de/10005655226