Migration, Economic Opportunity, and the Quality of Life: Reply and Extension
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Abstract
This reply extends our previous study on migration by estimating a system of simultaneous equations by two stage least squares. This set of results implies even more strongly than our original study, which was a single-equation system estimated by ordinary least squares, that in-migration is positively impacted by both the prospects of a higher level of income and greater income growth on the one hand and by quality of life factors, including warm climate, on the other hand.Keywords
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