workers lose their jobs. By introducing minimum wages, the model explains empirical findings on the effects of minimum wage … laws. In addition, the model shows that minimum wages can account for about half of the differences in youth employment …

workers distributed between them. We introduce commuting costs and search-matching frictions to deal with the spatial mismatch … changes in the workforce distribution have non-negligible effects on unemployment rates, wages and net output. …

workers distributed between them. We introduce commuting costs and search-matching frictions to deal with the spatial mismatch … changes in the workforce distribution have non-negligible effects on unemployment rates, wages and net output. …

dynamic model in [Acemoglu, D., 1999. Changes in unemployment and wage inequality: an alternative theory and some evidence …

-10 percent. Since then both skill premia have increased by around 10 percentage points in 2002. Theories that equalize wages with …

This paper compares social network and tribal theory for their fit with the behaviour of real music communities. These … social network theory provides a better fit with the behaviour of real communities. These results imply that the a …-priori expectation should be that consumer communities conform to the social processes suggested by social network theory. However …