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A two-region economy is studied in which one region has a competitive labor market whereas the other has a congested labor market in which locating a job uses resources. Workers loosing jobs in the congested region choose between migration followed by an immediate job offer and searching in the...
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Overseas employment has become more commonplace, and remittances have increased in similar proportions. For poor countries, remittances often substantially influence domestic expenditures and real exchange rates. We study overseas employment, remittances and domestic underemployment in a simple...
Persistent link: https://www.econbiz.de/10005392855
This paper shows that the effect of job instability on the socioecon omic structure of British unemployment is less than usually thought: groups with a high frequency of unemployment often have high prob abilities of entering unemployment should turnover occur, and not hig h turnover; high...
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