INTER-REGIONAL MIGRATION OF CZECH POPULATION: THE ROLE OF LIQUIDITY CONSTRAINTS
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In this paper we estimate the determinants of inter-regional migration of Czech population in the years 1992-2001. Despite the increasing disparities among the regions, we find that the migration rate remains at the relatively low levels and economic variables such as unemployment or wages matter only to a certain extent. The results indicate that the liquidity constraints play a role and therefore, the migration rates are higher only among the richer regions.
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