Researcher ORCID Identifier
0000-0001-7095-5679
Graduation Year
2023
Date of Submission
12-2022
Document Type
Campus Only Senior Thesis
Degree Name
Bachelor of Arts
Department
Economics
Reader 1
Julio Garín
Terms of Use & License Information
Rights Information
© 2022 Zixu Wang
Abstract
Despite the recent growth of domestic migration across the United States, a limited range of literature investigates its effect on other economic factors. This paper examines the impact of domestic population flows on the housing market, an important foundation of the U.S. economy. I measure the elasticity of this relationship through housing indices and find that an increase in domestic migration is associated with rising home prices. Using MSA-level data, I also develop a more granular framework for investigating internal flows by decomposing its effects into intrastate and interstate flows. I find that migrants moving in-state versus out-of-state might harbor different motivations that are reflected by the size of their effect elasticities on home prices. These demographic characteristics could be further contingent on the specifications of the inbound destination.
Recommended Citation
Wang, Zixu, "Exploring the Effects of Domestic Migration Flows on U.S. Housing Prices" (2023). CMC Senior Theses. 3131.
https://scholarship.claremont.edu/cmc_theses/3131
This thesis is restricted to the Claremont Colleges current faculty, students, and staff.
