Showing 1 - 10 of 113
Economic regions, such as urban agglomerations, face external demand and price shocks that produce income risk. Workers in large and diversified agglomerations may benefit from reduced wage volatility, while firms may outsource the production of intermediate goods and realize benefits from...
Persistent link: https://www.econbiz.de/10014204210
We investigate the effects of interregional labor market integration in a two-sector, overlapping-generations model with land-intensive production in the non-tradable goods sector (housing). To capture the response to migration on housing supply, capital formation is endogenous, assuming that...
Persistent link: https://www.econbiz.de/10013085282
Households in some European countries increased their indebtedness massively over the past 20 years. Besides household debt, also government debt and corporate debt are in some countries at levels not seen before. While there is a common agreement that these high debt levels are not sustainable...
Persistent link: https://www.econbiz.de/10013090255
This paper offers quasi experimental evidence of the existence of spillover effects of UI extensions using a unique program that extended unemployment benefits drastically for a subset of workers in selected regions of Austria. We use non-eligible unemployed in treated regions, and a...
Persistent link: https://www.econbiz.de/10013075133
This paper studies the role of culture in shaping unemployment outcomes. The empirical analysis is based on local comparisons across a language barrier in Switzerland. This Röstigraben separates cultural groups, but neither labor markets nor political jurisdictions. Local contrasts across the...
Persistent link: https://www.econbiz.de/10013157850
increase uncertainty through a higher volatility of employment. We use regional data from Germany to test whether openness for … trade has an impact on volatility. We find a downward trend in the unconditional volatility of employment, which has been … employment, measuring idiosyncratic developments across states, in contrast, has remained fairly unchanged. In contrast to …
Persistent link: https://www.econbiz.de/10012772003
of trade shocks into national-level outcomes. Employment has fallen in U.S. industries more exposed to import competition …, as expected. So too has overall employment in the local labor markets in which these industries were concentrated …. Offsetting employment gains in non-tradables, export-oriented tradables, or imported-input-using industries have yet to …
Persistent link: https://www.econbiz.de/10012994197
This paper studies a two-region model in which unemployment, education decisions and interregional migration are endogenous. The poorer region exhibits both lower wages and higher unemployment rates, and migrants to the richer region are disproportionately skilled. The brain drain from the poor...
Persistent link: https://www.econbiz.de/10012766901
as a worker discipline device, considering the different degree of job security offered by the Italian Employment …
Persistent link: https://www.econbiz.de/10013315813
Combining a spatial equilibrium model with a matching unemployment model, this paper analyzes the regional quality of life when wages, rents, and unemployment risk compensate for local amenities and disamenities. In particular, the paper shows for quasi-linear utility that the effects of any...
Persistent link: https://www.econbiz.de/10013315917