This article examines unemployment disparities and efficiency in a densely populated economy with two job centers and … changes in the workforce distribution have non-negligible effects on unemployment rates, wages, and net output, but cannot be …

This article examines unemployment disparities and efficiency in a densely populated economy with two job centers and … changes in the workforce distribution have non-negligible effects on unemployment rates, wages, and net output, but cannot be …

This paper studies equilibrium unemployment in a two-region economy where homogeneous workers and jobs are free to move … expected, increasing matching effectiveness in the other region yields growing regional unemployment rates. We characterize the …, the regional unemployment rates are much lower than in the decentralized economy and nobody searches in the other region. …

This paper studies equilibrium unemployment in a two-region economy with matching frictions, where workers and jobs are … effectiveness out of the region of residence has an ambiguous impact on unemployment rates. While it reduces the probability of …