Spatial Mobility and Labor Market Outcomes: Evidence from Credit Lotteries - David Schoenherr

Evento

26
Ago
2020

Spatial Mobility and Labor Market Outcomes: Evidence from Credit Lotteries - David Schoenherr

Data:
Horário:
10h00
Local:
Online

Sobre o evento

In this paper, we examine the effect of access to individual mobility on labor market outcomes. We exploit exogenous time-series variation in access to individual mobility through credit lotteries that randomly allocate credit designated for motorcycle purchase to participants of a financial product in Brazil. We find that upon access to a motorcycle, individuals exhibit higher formal employment rates and earnings. Consistent with a geographically broader job search, individuals move to jobs further away from home and harder to reach by public transportation. Investment in individual mobility yields an annual rate of return of 17 percent over an individual's career.