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"This paper examines the impact of age on migration by providing estimates of identically specified migration equations for each of six age groups. Hypothesized effects of age on the relative importance of various explanatory variables are developed from a model viewing migration as an investment decision." This model is then tested empirically using U.S. data on inter-regional migration between 1965 and 1970. "The effects of economic opportunity differentials on migration are found to decline sharply with age. Lagged migration, the 'friends and relatives effect,' is found to be the most significant explanatory variable in all age group equations. Past migration is the only variable found to significantly influence the migration of persons over 65."
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