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This paper studies equilibrium unemployment in a two-region economy where homogeneous workers and jobs are free to move and the housing market clears. Because of the Internet, searching for a job in another region without first migrating there is nowadays much simpler than in the past....
Persistent link: https://www.econbiz.de/10010221545
Existing climate-economy models use aggregate damage functions to model the effects of climate change. This approach assumes climate change has equal impacts on the productivity of firms that produce consumption and investment goods or services. We show the split between damage to consumption...
Persistent link: https://www.econbiz.de/10012802404
migration of workers. For nearly all of the world's countries, our micro-founded model jointly endogenizes the effects of …. Climate change intensifies poverty and income inequality creating favorable conditions for urbanization and migration from low … ages) over the course of the 21st century. However, under current migration laws and policies, forcibly displaced people …
Persistent link: https://www.econbiz.de/10012118293
Environmental Kuznets Curve. In particular, reducing trade costs increases per capita incomes and generates a U-shaped evolution of …
Persistent link: https://www.econbiz.de/10011283185
we fail to find any role of human capital for regional economic growth, we find that interregional migration and … 1996 to 2017. To this purpose, we estimate growth equations, which are directly derived from a neoclassical growth model …, augmented with human capital and migration. To our knowledge, this is the first paper that explicitly applies a neoclassical …
Persistent link: https://www.econbiz.de/10012183996
a hump-shaped effect on development outcomes in the pre-colonial era, reflecting the trade-off between the beneficial …
Persistent link: https://www.econbiz.de/10009530753
We examine the (potentially nonlinear) relationship between inequality and growth using a method which does not require …
Persistent link: https://www.econbiz.de/10010469680
In this paper, we consider fiscal competition between jurisdictions. Capital taxes are used to finance a public input and two public goods, one which benefits mobile skilled workers and one which benefits immobile unskilled workers. We derive the jurisdictions' reaction functions for different...
Persistent link: https://www.econbiz.de/10003497954
Studies of the joint time-use decisions of spouses have relied on joint estimation of time-use equations, sometimes assuming correlated errors across spouses' equations and sometimes directly examining the effects of one spouse's time use on another's, relying on panel data or instrumental...
Persistent link: https://www.econbiz.de/10010259539
origin countries, it also induces positive effects through various channels such as remittances, return migration, diaspora … praise the unambiguous benefits of unskilled migration for developing countries, my analysis suggests that a limited but …
Persistent link: https://www.econbiz.de/10003499223