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Zenou, Yves - 2005

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

Endogenous Job Destruction and Job Matching in Cities

Zenou, Yves - 2021

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

Are Shirking and Leisure Substitutable? An Empirical Test of Efficiency Wages Based on Urban Economic Theory

Ross, Stephen L. - 2014

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