A Life Cycle Approach to Migration: Analysis of the Perspicacious Peregrinator

SOLOMON WILLIAM POLACHEK · Francis W. Horvath

137 citations0/0 files storedResearch in labor economics

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Migration and Labor Dynamics Urban, Neighborhood, and Segregation Studies Migration, Aging, and Tourism Studies

Abstract

The authors develop a general model that incorporates into a unified theory of migration many factors of migrant selectivity not explained in existing theories. A means of analysis of several such factors including locational choice periodicity of migration and the effect of household characteristics is proposed and the mobility process is considered within a life cycle framework. The probability of migration is analyzed as dependent upon migration gains and costs computed using a simultaneous two-equation model. The model is estimated with individual U.S. household data obtained between 1971 and 1975 in the University of Michigan Panel Study of Income Dynamics

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