This paper develops an econometric model to analyze the optimal sequences of migration decisions, focusing on expected income as the primary economic influence. The model improves upon previous work by considering multiple location choices and sequences of location decisions rather than a single choice. Using panel data from the National Longitudinal Survey of Youth (NLSY) on white males with a high school education, the authors estimate the model and find that interstate migration decisions are significantly influenced by income prospects. The results suggest that migration is driven by both geographic differences in mean wages and the tendency to move in search of better locational matches when current income is unfavorable. The paper also demonstrates the feasibility of a fully specified econometric model of optimal dynamic migration decisions and its ability to match key features of the data, including repeat and return migration. The findings have implications for understanding the effects of income shocks and policy interventions on migration patterns.This paper develops an econometric model to analyze the optimal sequences of migration decisions, focusing on expected income as the primary economic influence. The model improves upon previous work by considering multiple location choices and sequences of location decisions rather than a single choice. Using panel data from the National Longitudinal Survey of Youth (NLSY) on white males with a high school education, the authors estimate the model and find that interstate migration decisions are significantly influenced by income prospects. The results suggest that migration is driven by both geographic differences in mean wages and the tendency to move in search of better locational matches when current income is unfavorable. The paper also demonstrates the feasibility of a fully specified econometric model of optimal dynamic migration decisions and its ability to match key features of the data, including repeat and return migration. The findings have implications for understanding the effects of income shocks and policy interventions on migration patterns.