We develop a standard search-matching model in which mobility costs are so high that it is too costly for workers to … and commuting costs because firms need to compensate the transportation cost difference between the employed and …

distribution influences the estimation of structural parameters, such as migration costs. For US interstate migration, we obtain a … costs estimated by previous studies. We attribute this difference to the treatment of the dynamic self-selection problem. …

are more talented than European and American players, there is evidence that they face lower training costs. …

dismissed than high quality workers. Moreover, as hiring and firing costs increase, firms find it more costly to hire a bad … states that raised firing costs by introducing exceptions to the employment-at-will doctrine. …

This paper analyzes the effect of firing costs on aggregate productivity growth. For this purpose, a model of … firms, and is sustained as entrants imitate the best incumbents. In this framework, firing costs not only induce … misallocation of labor, but also affect growth by affecting firms' exit decisions. Importantly, charging firing costs only to …

We study the effects of liquidity constraints and start-up costs on the relationship between wealth and the fraction of … wealth and work status in 9 countries that characterized by very different levels of start-up costs and liquidity constraints …. The model predicts that, with liquidity constraints, the probability of entering entrepreneurship is an increasing …

commuting costs the effect of housing frictions plays a large role and can generate a substantial decline in mobility. We show …

increase in migration costs for undocumented immigrants. More stringent border enforcement either deters potential illegal … likely to be kidnapped, smuggled, or raped when crossing illegally. If migration costs are not the same for all migrants …, higher migrating costs may result in a change in the number and in the composition of immigrants to the United States. In the …