New Economic Geography models usually abstract from unemployment. By contrast, wage curve models (Blanchflower and … Oswald, 1994) imply a negative correlation between regional unemployment and wages, but fail to account for agglomeration … unemployment rates than peripheral regions. Regional disparities can develop endogenously and labour mobility does not negate the …

panel data set (the ECHP) to appraise wage flexibility. Whereas typical estimation concentrates solely on the relationship … between current wages and current unemployment rate, we also consider the influence of lagged values of unemployment rates … -the unemployment rate at the moment of hiring, and the minimum unemployment rate since the moment of hiring- to take into …

of wages to local unemployment. Examining this spatial relationship, we find that the elasticity of wages to local … unemployment rates in South Africa is -0.1, similar to that found in other countries, including the US and the UK. This is striking … because South Africa has a national unemployment rate of over 30%. We find that the wage curve elasticity persists over a much …

, and that wages are positively aected by local levels of unemployment. This lends credi- bility to the Harris and Todaro … (1970) view which suggests that there is segmentation in the labour market with residual unemployment. We argue that perhaps …

interested in regional adjustment costs can use indices of the change in regional employment and unemployment as good proxies for …

The common view that far-reaching labour market deregulation is the only remedy for high European unemployment is too …

This paper offers an alternative theory for the increase in unemployment and wage inequality experienced in the U …

We consider a continuum of unemployed workers ranked according to their unemployment duration. There are two industries … a training cost, which is proportional to his unemployment duration, the training cost being larger in the high …

other European countries, the wage adjustment occurs in just one period, with the elasticity of wages to unemployment being …