Showing 1 - 10 of 83
In this paper six authors propose guidelines for German labor market policy, to overcome current discouragement and lead to a new balance of social security and individual competetiveness. Crucial aspects in this regard should be a reformed tax system based on excise instead of income taxes, and...
Persistent link: https://www.econbiz.de/10011294519
distortions in the transport market. In absence of these distortions and despite spatial terms in wages, the standard condition …
Persistent link: https://www.econbiz.de/10011336862
the stylized facts, notably that wages are higher in larger locations, land-use for production and housing has to be taken …
Persistent link: https://www.econbiz.de/10003759291
. They reside in a city and commuting to the job center involves both pecuniary and time costs. Thus, workers with high wages …
Persistent link: https://www.econbiz.de/10003540702
This paper studies the social desirability of agglomeration and the efficiency arguments for policy intervention in a simple, analytically solvable 'new economic geography' model with two trade integrating regions. The location pattern emerging as market equilibrium is bubbleshapedʺ, i.e. it...
Persistent link: https://www.econbiz.de/10002429482
different technologies that imperfectly compete in wages to attract these workers. Once employed, each worker bears an education … subsidy either the education cost or wages and compare them. We found that the first best allocation can only be implemented … firms and show that, in terms of welfare, subsidizing education costs or wages is strictly equivalent. …
Persistent link: https://www.econbiz.de/10011403206
This paper explores the quantitative consequences of transatlantic trade liberalization envisioned in a Transatlantic Trade and Investment Partnership (TTIP) between the United States and the European Union. Our key innovation is to develop a new quantitative spatial trade model and to use an...
Persistent link: https://www.econbiz.de/10010516481
In labor markets with worker and firm heterogeneity, the matching between firms and workers may be assortative, meaning that the most productive workers and firms team up. We investigate this with longitudinal population-wide matched employer-employee data from Portugal. Using dynamic panel data...
Persistent link: https://www.econbiz.de/10003557348
The core-periphery model by Krugman (1991) has two 'dramatic' implications: catastrophic agglomeration and locational hysteresis. We study this seminal model with CES instead of Cobb-Douglas upper tier preferences. This small generalization suffices to change these stark implications. For a wide...
Persistent link: https://www.econbiz.de/10003652668
The division of labor between and within countries is driven by two fundamental forces, comparative advantage and increasing returns. We set up a simple Ricardian model with a Marshallian input sharing mechanism to study their interplay. The key insight that emerges is that the interaction...
Persistent link: https://www.econbiz.de/10011543995