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Most economists maintain that the labor market in the United States is 'tight' because unemployment rates are low. They …, prior to that, real wages had been stagnant for some time. We show that unemployment is not key to understanding wage …
Persistent link: https://www.econbiz.de/10013361977
We study the importance of firm sorting for spatial inequality. If productive locations are able to attract the most productive firms, then firm sorting acts as an amplifier of spatial inequality. We develop a novel model of spatial firm sorting, in which heterogeneous firms first choose a...
Persistent link: https://www.econbiz.de/10013462686
Italy and Germany have similar geographical differences in productivity - North more productive than South in Italy; West more productive than East in Germany - but have adopted different models of wage bargaining. Italy sets wages based on nationwide contracts that allow for limited local wage...
Persistent link: https://www.econbiz.de/10012479565
explore the joint determination of wages, unemployment, house prices and city size (or migration). A key role of the model is …
Persistent link: https://www.econbiz.de/10012459543
Persistent link: https://www.econbiz.de/10001594707
We examine local labor markets in the U.S. and Canada from 1990 to 2011 using comparable household and business data. Wage levels and inequality rise with city population in both countries, albeit less in Canada. Neither country saw wage levels converge despite contrasting migration patterns...
Persistent link: https://www.econbiz.de/10012479660
unemployment rate was at least double the western rate of 7.8%. One would expect that if capital flows and trade in goods failed to … able to explain the downward trend in east to west migration using wage and unemployment information. Convergence in hourly …
Persistent link: https://www.econbiz.de/10012471211
unemployment and increasing reliance on social security persist across wide regions of East Germany together with these migration … networking rate, high average labor productivity, low unemployment and no emigration ("West Germany'') and one with a low … networking rate, low average labor productivity, high unemployment and a constant rate of emigration ("East Germany''). The model …
Persistent link: https://www.econbiz.de/10012464095
We explore the links between social capital and labor market networks at the neighborhood level. We harness rich data taken from multiple sources, including matched employer-employee data with which we measure the strength of labor market networks, data on behavior such as voting patterns that...
Persistent link: https://www.econbiz.de/10012453755
accessibility to appropriate jobs should shorten the duration of unemployment. We focus on lower-income workers with strong labor …
Persistent link: https://www.econbiz.de/10012458598