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We develop a model where the unemployed workers in the city can find a job either directly or through weak or strong ties. We show that, in denser areas, individuals choose to interact with more people and meet more random encounters (weak ties) than in sparsely populated areas. We also...
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We develop a model where the unemployed workers in the city can find a job either directly or through weak or strong ties. We show that, in denser areas, individuals choose to interact with more people and meet more random encounters (weak ties) than in sparsely populated areas. We also...
Persistent link: https://www.econbiz.de/10013059681
workers living far away from jobs pay lower housing prices but experience higher unemployment rates than those living close to …
Persistent link: https://www.econbiz.de/10013325176
workers living far away from jobs pay lower housing prices but experience higher unemployment rates than those living close to …
Persistent link: https://www.econbiz.de/10013130958