Showing 1 - 10 of 280
Persistent link: https://www.econbiz.de/10010207404
We analyze the impact of preference matching and income on the distribution of the population in an aggregate economy consisting of an urban and an adjacent rural region. It costs more (less) to live in the urban (rural) region. Individuals choose freely to live either in the urban or in the...
Persistent link: https://www.econbiz.de/10012892060
We analyze the impact of preference matching and income on the distribution of the population in an aggregate economy of an urban and an adjacent rural region. It costs more (less) to live in the urban (rural) region. Individuals choose to live either in the urban or in the rural region. They...
Persistent link: https://www.econbiz.de/10012861174
This paper examines the short- and long-term effects of urbanization, via favorable urban development policies, on … competition and free entry. Urbanization shifts rural workers to the highly productive urban sector, while causing production in … urban firms to expand because of scale economies. However, urbanization may worsen wage inequality between skilled and …
Persistent link: https://www.econbiz.de/10011594265
Persistent link: https://www.econbiz.de/10011443471
We introduce international labor mobility in a three-sector general equilibrium model with rural-urban migration. We demonstrate that under some reasonable conditions an inflow of foreign skilled labor (capital) can reduce skilled-unskilled wage inequality
Persistent link: https://www.econbiz.de/10014051207
We examine the short- and long-term effects of urbanization, via favorable urban development policies, on income … and free entry. Urbanization shifts rural workers to the highly productive urban sector, while causing production in urban … firms to expand because of scale economies. However, urbanization may worsen wage inequality between skilled and unskilled …
Persistent link: https://www.econbiz.de/10012950130
We study the short-run impacts of labor income taxation in an aggregate economy of N2 regions. The distinct regions demand workers. Each region is endowed with one unit of immobile capital. The aggregate economy also has one unit of labor that is mobile across the regions. All regions produce a...
Persistent link: https://www.econbiz.de/10012825208
We use a two period model to analyze the contractual relationship between entrepreneurs and venture capitalists in an open regional economy. First, we describe the first best investment contract, we study the second best investment contract in the presence of private information, and then we...
Persistent link: https://www.econbiz.de/10013119355
We analyze the economic growth related effects of learning by doing in a region that is creative in the sense of Richard Florida. Firms in this region use physical and creative capital to produce output. We model learning by doing and our analysis of the working of this creative region leads to...
Persistent link: https://www.econbiz.de/10013000120