Fears and Tears

Only one in seven of the world’s population have ever migrated, despite the enormous gains in income possible through international and internal movement. The author examines the evidence for different explanations given in the economics literature for this lack of movement and their implications for policy. Incorrect information about the gains to migrating, liquidity constraints that prevent poor people paying the costs of moving, and high costs of movement arising from both physical transportation costs and policy barriers all inhibit movement and offer scope for policy efforts to inform, provide credit, and lower moving costs. However, the economics literature has paid less attention to the fears people have when faced with the uncertainty of moving to a new place, and to the reasons behind the tears they shed when moving. While these tears reveal the attachment people have to particular places, this attachment is not fixed, but itself changes with migration experiences. Psychological factors such as a bias toward the status quo and the inability to picture what one is giving up by not migrating can result in people not moving, even when they would benefit from movement and are not constrained by finances or policy barriers from doing so. This suggests new avenues for policy interventions that can help individuals better visualize the opportunity costs of not moving, alleviate their uncertainties, and help shift their default behavior from not migrating.

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Bibliographic Details
Main Author: McKenzie, David
Format: Journal Article biblioteca
Language:English
en_US
Published: Published by Oxford University Press on behalf of the World Bank 2023-01-10
Subjects:INTERNATIONAL MIGRATION, INTERNAL MIGRATION, CONSTRAINTS ON MOVEMENT, UNCERTAINTY, STATUS QUO BIAS,
Online Access:http://documents.worldbank.org/curated/en/099232102022440417/IDU1552a8a5117ce01478e1adea116cf5a0d74fb
https://hdl.handle.net/10986/41268
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spelling dig-okr-10986412682024-07-24T18:22:49Z Fears and Tears Should More People Be Moving within and from Developing Countries, and What Stops this Movement? McKenzie, David INTERNATIONAL MIGRATION INTERNAL MIGRATION CONSTRAINTS ON MOVEMENT UNCERTAINTY STATUS QUO BIAS Only one in seven of the world’s population have ever migrated, despite the enormous gains in income possible through international and internal movement. The author examines the evidence for different explanations given in the economics literature for this lack of movement and their implications for policy. Incorrect information about the gains to migrating, liquidity constraints that prevent poor people paying the costs of moving, and high costs of movement arising from both physical transportation costs and policy barriers all inhibit movement and offer scope for policy efforts to inform, provide credit, and lower moving costs. However, the economics literature has paid less attention to the fears people have when faced with the uncertainty of moving to a new place, and to the reasons behind the tears they shed when moving. While these tears reveal the attachment people have to particular places, this attachment is not fixed, but itself changes with migration experiences. Psychological factors such as a bias toward the status quo and the inability to picture what one is giving up by not migrating can result in people not moving, even when they would benefit from movement and are not constrained by finances or policy barriers from doing so. This suggests new avenues for policy interventions that can help individuals better visualize the opportunity costs of not moving, alleviate their uncertainties, and help shift their default behavior from not migrating. 2024-03-25T16:13:52Z 2024-03-25T16:13:52Z 2023-01-10 Journal Article http://documents.worldbank.org/curated/en/099232102022440417/IDU1552a8a5117ce01478e1adea116cf5a0d74fb The World Bank Research Observer 0257-3032 (print) 1564-6971 (online) https://hdl.handle.net/10986/41268 English en_US World Bank Research Observer The World Bank Research Observer CC BY-NC-ND 3.0 IGO https://creativecommons.org/licenses/by-nc-nd/3.0/igo/ World Bank application/pdf text/plain Published by Oxford University Press on behalf of the World Bank
institution Banco Mundial
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country Estados Unidos
countrycode US
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tag biblioteca
region America del Norte
libraryname Biblioteca del Banco Mundial
language English
en_US
topic INTERNATIONAL MIGRATION
INTERNAL MIGRATION
CONSTRAINTS ON MOVEMENT
UNCERTAINTY
STATUS QUO BIAS
INTERNATIONAL MIGRATION
INTERNAL MIGRATION
CONSTRAINTS ON MOVEMENT
UNCERTAINTY
STATUS QUO BIAS
spellingShingle INTERNATIONAL MIGRATION
INTERNAL MIGRATION
CONSTRAINTS ON MOVEMENT
UNCERTAINTY
STATUS QUO BIAS
INTERNATIONAL MIGRATION
INTERNAL MIGRATION
CONSTRAINTS ON MOVEMENT
UNCERTAINTY
STATUS QUO BIAS
McKenzie, David
Fears and Tears
description Only one in seven of the world’s population have ever migrated, despite the enormous gains in income possible through international and internal movement. The author examines the evidence for different explanations given in the economics literature for this lack of movement and their implications for policy. Incorrect information about the gains to migrating, liquidity constraints that prevent poor people paying the costs of moving, and high costs of movement arising from both physical transportation costs and policy barriers all inhibit movement and offer scope for policy efforts to inform, provide credit, and lower moving costs. However, the economics literature has paid less attention to the fears people have when faced with the uncertainty of moving to a new place, and to the reasons behind the tears they shed when moving. While these tears reveal the attachment people have to particular places, this attachment is not fixed, but itself changes with migration experiences. Psychological factors such as a bias toward the status quo and the inability to picture what one is giving up by not migrating can result in people not moving, even when they would benefit from movement and are not constrained by finances or policy barriers from doing so. This suggests new avenues for policy interventions that can help individuals better visualize the opportunity costs of not moving, alleviate their uncertainties, and help shift their default behavior from not migrating.
format Journal Article
topic_facet INTERNATIONAL MIGRATION
INTERNAL MIGRATION
CONSTRAINTS ON MOVEMENT
UNCERTAINTY
STATUS QUO BIAS
author McKenzie, David
author_facet McKenzie, David
author_sort McKenzie, David
title Fears and Tears
title_short Fears and Tears
title_full Fears and Tears
title_fullStr Fears and Tears
title_full_unstemmed Fears and Tears
title_sort fears and tears
publisher Published by Oxford University Press on behalf of the World Bank
publishDate 2023-01-10
url http://documents.worldbank.org/curated/en/099232102022440417/IDU1552a8a5117ce01478e1adea116cf5a0d74fb
https://hdl.handle.net/10986/41268
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