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Human migration
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=== New economics of labor migration === This theory states that migration flows and patterns cannot be explained solely at the level of individual workers and their economic incentives but that wider social entities must also be considered. One such social entity is the household. Migration can be viewed as a result of risk aversion from a household that has insufficient income. In this case, the household needs extra capital that can be achieved through remittances sent back by family members who participate in migrant labour abroad. These [[remittances]] can also have a broader effect on the economy of the sending country as a whole as they bring in capital.<ref name="Jennissen, R 2007"/> Recent research has examined a decline in US interstate migration from 1991 to 2011, theorising that the reduced interstate migration is due to a decline in the geographic specificity of occupations and an increase in workers' ability to learn about other locations before moving there, through both information technology and inexpensive travel.<ref>{{cite journal |url=http://www.minneapolisfed.org/research/wp/wp697.pdf |journal=[[Federal Reserve Bank of Minneapolis]] |title=Understanding the Long-Run Decline in Interstate Migration |date=April 2012 |access-date=18 May 2019 |first1=Greg |last1=Kaplan |first2=Sam |last2=Schulhofer-Wohl |author2-link=Sam Schulhofer-Wohl |pages=58}}</ref> Other researchers find that the location-specific nature of housing is more important than moving costs in determining labour reallocation.<ref>{{cite journal |url=http://www.chicagofed.org/digital_assets/publications/working_papers/2010/wp2010_18.pdf |journal=[[Federal Reserve Bank of Chicago]] |title=The Role of Housing in Labour Reallocation |date=29 November 2010 |access-date=18 May 2019 |first1=Morris |last1=Davis |first2=Jonas |last2=Fisher |first3=Marcelo |last3=Veracierto |pages=50}}</ref>
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