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and search-matching models. For that, we study a policy that consists in decreasing the urban unemployment benefit. In an … efficiency wage model, we find that there is no Todaro paradox while this is not always true in a search-matching model since a … decrease in the urban unemployment benefit can increase both urban employment and unemployment. -- efficiency wages ; search-matching …
Persistent link: https://www.econbiz.de/10003287853
and search-matching models. For that, we study a policy that consists in decreasing the urban unemployment benefit. In an … efficiency wage model, we find that there is no Todaro paradox while this is not always true in a search-matching model since a …
Persistent link: https://www.econbiz.de/10012784075
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/10013317149
Persistent link: https://www.econbiz.de/10001376932
Becker's theory of human capital predicts that minimum wages should reduce training investments for affected workers because they prevent these workers from taking wage cuts necessary to finance training. In contrast, in noncompetitive labor markets, minimum wages tend to increase training of...
Persistent link: https://www.econbiz.de/10011404043
of unemployed workers: the socially optimal number of unemployed workers depends both of matching externalities and on … (which corresponds to the standard matching model) and a mixed of non-spatial and spatial elements, the first element …
Persistent link: https://www.econbiz.de/10011336862
Persistent link: https://www.econbiz.de/10001438362
In this paper, I develop a model to analyze how skill premia differ over time and across countries, and use this model to study the impact of international trade on wage inequality. Skill premia are determined by technology and the relative supply of skills. An increase in the relative supply of...
Persistent link: https://www.econbiz.de/10013243426
is harmful not because workers have low information about jobs (search) or because commuting costs are too high but …
Persistent link: https://www.econbiz.de/10011414013
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...
Persistent link: https://www.econbiz.de/10012751966