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ABSTRACT. This study explores the impact of plant-level labor market dynamics and housing markets on gross migration flows. The internal and the external reorganizations of regional labor markets are shown to be related. An increase in internal turnover of jobs and workers in regional labor markets is found to increase net-migration. This effect arises mainly from a reduction in out-migration. Housing markets constitute constraints for migration. In particular, an increase in regional housing prices and a large share of owner-occupancy housing discourages net-migration to a region by reducing in-migration. In contrast, the out-migration rate remains largely unaffected by housing markets.

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This paper provides evidence that replacing minimum unemployment benefits with a basic income of equal size has minor employment effects at best. We examine an experiment in Finland in which 2,000 benefit recipients were randomized to receive a monthly basic income. The experiment lowered participation tax rates by 23  percentage points for full-time employment. Despite the considerable increase in work incentives, days in employment remained statistically unchanged in the first year of the experiment. Moreover, even though all job search requirements were waived, participation in reemployment services remained high. (JEL C93, H24, H53, I38, J64, J65)