Showing 1 - 10 of 10,043
the labor market propagate to the rest of the economy through changes in employment, wages and local prices and how this …
Persistent link: https://www.econbiz.de/10012462704
Wages have been spreading out across workers over time - or in other words, the 90th/50th wage ratio has risen over … calculations of productivity by skill level for the U.S., we show that the distributions of both wages and productivity have spread … exists, such that gains in aggregate productivity, or GDP per person, have resulted in higher wages for workers at the top …
Persistent link: https://www.econbiz.de/10013477226
We propose a model of the interplay of employment relationships and community-based interactions among workers and managers. Employment relations can be either tough (where workers are monitored intensively and obtain few rents, and managers do not provide informal favors for their workers) or...
Persistent link: https://www.econbiz.de/10015056099
Leading empiricists and theorists of cities have recently argued that the generation and exchange of ideas must play a more central role in the analysis of cities. This paper develops the first system of cities model with costly idea exchange as the agglomeration force. Our model replicates a...
Persistent link: https://www.econbiz.de/10012460472
's equilibrium implies that positive attributes in one location, like access to downtown or high wages, are offset by negative … attributes, like high housing prices. The employer's equilibrium requires that high wages be offset by a high level of … justify high wages is the basis for the study of agglomeration economies which has been a significant branch of urban …
Persistent link: https://www.econbiz.de/10012464950
Our paper documents the large labor market wedges created by taxes, subsidies, and regulations included in the Affordable Care Act. The law changes terms of trade in both goods and factor markets for firms offering health insurance coverage. We use a multi-sector (intra-national) trade model to...
Persistent link: https://www.econbiz.de/10012458892
; West more productive than East in Germany - but have adopted different models of wage bargaining. Italy sets wages based on …
Persistent link: https://www.econbiz.de/10012479565
This paper studies the sources of agglomeration economies in cities. We begin by introducing a simple dynamic spatial equilibrium model that incorporates spillovers within and across industries, as well as city-size effects. The model generates a dynamic panel-data estimation equation. We...
Persistent link: https://www.econbiz.de/10012457938
The distribution of firms in space is far from uniform. Some locations host the most productive large firms, while others barely attract any. In this paper, I study the sorting of heterogeneous firms across locations and analyze policies designed to attract firms to particular regions...
Persistent link: https://www.econbiz.de/10012453237
We revisit the rationale for place-based policies using a canonical urban framework with agglomeration spillovers. We derive six main lessons. First, the spatial allocation is inefficient even when spillover elasticities are constant across regions. Second, under constant and positive spillover...
Persistent link: https://www.econbiz.de/10015326510