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We propose a spatial search-matching model where both job creation and job destruction are endogenous. Workers are ex …
Persistent link: https://www.econbiz.de/10013130956
We propose a spatial search-matching model where both job creation and job destruction are endogenous. Workers are ex …
Persistent link: https://www.econbiz.de/10010320389
Recent theoretical work has examined the spatial distribution of unemployment using the efficiency wage model as the mechanism by which unemployment arises in the urban economy. This paper extends the standard efficiency wage model in order to allow for behavioral substitution between leisure...
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