Grimes, Arthur L.; Maré, David C.; Morten, Melanie - 2015
employment shock leads to a long-run level of employment 1.3% higher, with half of the extra jobs filled by migrants. A 1% region …-specific employment shock raises the long-run regional share of employment by 0.5 percentage points, due entirely to in-migration. House …% employment shock raising long run house prices by 6% , as may be expected with an upward sloping housing supply curve …
