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disparities between rural and urban (formal) labor markets as a driving force behind migration decision. These models, which are … development. The main objectives of this paper are to model the residency choice decision in the context of a dynamic general … incorporates cost-of-living and income differentials across regions into the migration decision of households in a dynamic general …
Persistent link: https://www.econbiz.de/10005069457
entrepreneurs offer contributions to the government to influence its decision on how many immigrants can enter the domestic economy …
Persistent link: https://www.econbiz.de/10004970338
This paper develops a tractable dynamic microeconomic model of migration decisions that is aggregated to describe the behavior of interregional migration. Our structural approach allows to deal with dynamic self-selection problems that arises from the endogeneity of location choice and the...
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Recent empirical findings have emphasized post entry growth of survivors, as opposed to exit of inefficient and small firms, as the main source of growth over time in the average size of a cohort of entering firms. One proposed explanation for the post entry growth of survivors is financing...
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We study the optimal long-term contract offered to workers when firms are financially constrained in their investment plans. To alleviate the tightness of the financial constraints, firms promise an increasing wage profile to workers, that is, they pay lower wages today in exchange of higher...
Persistent link: https://www.econbiz.de/10005085480
This appendix details the derivation of a number of results reported in "The Equivalence of Wage and Price Staggering in Monetary Business Cycle Models," which appears in the Review of Economic Dynamics.
Persistent link: https://www.econbiz.de/10005090716