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of unemployed workers: the socially optimal number of unemployed workers depends both of matching externalities and on … (which corresponds to the standard matching model) and a mixed of non-spatial and spatial elements, the first element …
Persistent link: https://www.econbiz.de/10010262389
Since the 1950s, there has been a steady decentralization of entry-level jobs towards the suburbs of American cities, while racial minorities ?and particularly blacks? have remained in city centers. In this context, the spatial mismatch hypothesis argues that because the residential locations of...
Persistent link: https://www.econbiz.de/10010262106
is harmful not because workers have low information about jobs (search) or because commuting costs are too high but …
Persistent link: https://www.econbiz.de/10010262618
unique data set that contains extensive information on various issues surrounding ethnic identity and preferences in Britain …
Persistent link: https://www.econbiz.de/10010261978
We develop a standard search-matching model in which mobility costs are so high that it is too costly for workers to …
Persistent link: https://www.econbiz.de/10010268388
The aim of this paper is to provide a new mechanism for the spatial mismatch hypothesis. Spatial mismatch can here be the result of optimizing behavior on the part of the labor market participants. In particular, the unemployed can choose low amounts of search and long-term unemployment if they...
Persistent link: https://www.econbiz.de/10010262107
We propose a spatial search-matching model where both job creation and job destruction are endogenous. Workers are ex …
Persistent link: https://www.econbiz.de/10010268225
includes an experimentation component reflecting the endogeneity of information. We develop algorithms to solve numerically for …
Persistent link: https://www.econbiz.de/10010298360
whether nominal price and/or wage rigidities are due to New-Keynesian, Old-Keynesian or sticky-information Phillips curves …
Persistent link: https://www.econbiz.de/10011604655
and experience high unemployment rates and a ?Spatial-Matching Equilibrium? in which blacks are closer to jobs and … Spatial-Matching Equilibrium, leaving a role for policy intervention. …
Persistent link: https://www.econbiz.de/10010261635