Showing 1 - 10 of 23
We study the optimal dynamics of an AK economy where population is uniformly distributed along the unit circle. Locations only differ in initial capital endowments. Despite constant returns to capital, we prove that transition dynamics will set in. In particular, we prove that the...
Persistent link: https://www.econbiz.de/10008515823
live in the same community but segregate by schooling. When inequality is smaller, we observe the typical sorting by income … across communities. The effect of inequality on the quality of public schools depends on the relative size of the housing … market of each community. When inequality increases, if the housing conditions of the community in which rich and poor …
Persistent link: https://www.econbiz.de/10010541428
observe a wide variation in the mix of public and private funding of education. In addition, countries with high inequality … with high inequality exhibit more private education expenditures since rich people opt out of the public system. In non …
Persistent link: https://www.econbiz.de/10004985171
This paper analyzes the effects of weather anomalies on migration in sub-Saharan Africa. Theoretically, we show how weather anomalies induce rural-urban migration that subsequently triggers international migration. We distinguish two transmission channels, an amenity and an economic geography...
Persistent link: https://www.econbiz.de/10009350371
The aim of this paper is to draw attention to the role of local industrial networks in a regional development process. We build a one-region model in which we investigate the conditions that make local networks arise, distinguishing between spontaneous and sustained networks. Accounting for the...
Persistent link: https://www.econbiz.de/10004984907
This article examines unemployment disparities and efficiency in a densely populated economy with two job centers and workers distributed between them. We introduce commuting costs and search-matching frictions to deal with the spatial mismatch between workers and firms. In equilibrium, there...
Persistent link: https://www.econbiz.de/10010733662
This paper studies equilibrium unemployment in a two-region economy where homogeneous workers and jobs are free to move and the housing market clears. Because of the Internet, searching for a job in another region without first migrating there is nowadays much simpler than in the past....
Persistent link: https://www.econbiz.de/10010711713
We study the relationship between offshoring and job stability in Italy in the period 1995–2001 by using an administrative dataset on manufacturing workers. We find that the international fragmentation of production negatively affects job stability. Service offshoring and material purchases...
Persistent link: https://www.econbiz.de/10010547077
This study investigates whether and to what extent further unemployment experience for youths who are already long-term unemployed imposes a penalty on subsequent labor market outcomes. We propose a flexible method for analyzing the effect on wages aside of transitions from unemployment and...
Persistent link: https://www.econbiz.de/10009350373
L'article étudie l'effet de l'émigration des travailleurs sur la distribution de la richesse d'une petite économie où les travailleurs sont confrontés à des difficultés d'accès au marché du crédit. Les migrants s'enrichissent en travaillant à l'étranger puis lèguent leur richesse à...
Persistent link: https://www.econbiz.de/10004985486