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Regional equilibrium unemployment theory at the age of the internet

Lutgen, Vanessa; Van der Linden, Bruno - 2013

there is nowadays much simpler than in the past. Search-matching externalities are amplified by this possibility and by the … expected, increasing matching effectiveness in the other region yields growing regional unemployment rates. We characterize the …

Persistent link: https://www.econbiz.de/10010221545

The monetary roots of exploitation

Andini, Corrado - 2025

bank credit and the macro-players' propensities to accumulate money in a bank account. …

Persistent link: https://www.econbiz.de/10015183302

A simple method to estimate large fixed effects models applied to wage determinants and matching

Mittag, Nikolas - 2016

Models with high dimensional sets of fixed effects are frequently used to examine, among others, linked employer-employee data, student outcomes and migration. Estimating these models is computationally difficult, so simplifying assumptions that are likely to cause bias are often invoked to make...

Persistent link: https://www.econbiz.de/10011595866

The pure effect of social preferences on regional location choices : the evolving dynamics of convergence to a steady state population distribution

Stark, Oded; Budziński, Wiktor; Kosiorowski, Grzegorz - 2019

This paper tracks the consequences of individuals' desire to align their location with their social preferences. The social preference studied in the paper is distaste for relative deprivation, measured in a cardinal manner. Location is conceived as social space, with individuals choosing to...

Persistent link: https://www.econbiz.de/10012005655

Education, matching and the allocative value of romance

Booth, Alison L. (contributor); … - 2005

decisions of partnered couples. We consider two separate matching paradigms for agents with heterogeneous abilities - one where … partners marry for money and the other where partners marry for romantic reasons orthogonal to productivity or debt. These … generate different investment incentives and therefore have a real impact on the market economy. While marrying for money …

Persistent link: https://www.econbiz.de/10003086586

Your money or your life : changing job quality in OECD countries

Clark, Andrew E. (contributor) - 2005

Job quality may usefully be thought of as depending on both job values (how much workers care about different job outcomes) and the job outcomes themselves. Here both cross-section and panel data are used to examine changes in job quality in OECD countries over the 1990s. Despite rising wages...

Persistent link: https://www.econbiz.de/10002841018

Fungibility, labels, and consumption

Abeler, Johannes (contributor); Marklein, Felix (contributor) - 2008

Fungibility of money is a central principle in economics. It implies that any unit of money is substitutable for …, incentivized setup many subjects do not treat money as fungible. When a label is attached to a part of their budget, subjects …

Persistent link: https://www.econbiz.de/10003716538

A simple model of a central bank digital currency

Mishra, Bineet; Prasad, Eswar S. - 2023

central bank money. The key differences between cash and central bank digital currency (CBDC) include transaction efficiency …

Persistent link: https://www.econbiz.de/10014280913

A pure theory of population distribution when preferences are ordinal

Stark, Oded; Kosiorowski, Grzegorz - 2023

We model an environment in which individuals prefer to be in a space in which their rank is higher, be it a social space, a geographical space, a work environment, or any other comparison sphere which we refer to in this paper, and without loss of generality, as a region. When the individuals...

Persistent link: https://www.econbiz.de/10013541743

Multiple equilibria and minimum wages in labor markets with informational frictions and heterogeneous production technologies

Berg, Gerard J. van den (contributor) - 2003 - [Elektronische Ressource]

Persistent link: https://www.econbiz.de/10001766994