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Recent theoretical work has examined the spatial distribution of unemployment using the efficiency wage model as the … mechanism by which unemployment arises in the urban economy. This paper extends the standard efficiency wage model in order to … work and risk of unemployment. This model implies an empirical relationship between expected commutes and labor market …
Persistent link: https://www.econbiz.de/10009429918
Regional Economic Growth Across Space and TimeSummaryThe focus of this study is the interregional growth process over time within countries. The issue of economic convergence both within and across countries has proved to be an intuitively appealing one for economists and policymakers alike. An...
Persistent link: https://www.econbiz.de/10009449664
?Innovationslogik und regionales Wirtschaftswachstum ? Theorie und Empirie autopoietischer Innovationsdynamik? Obwohl neuere wachstumstheoretische Ans?tze durchg?ngig die Bedeutung von Innovationen f?r wirtschaftliche Entwicklung betonen und sich dabei in selten zu findender Eintracht auf die...
Persistent link: https://www.econbiz.de/10009484949
This course, offered by the MIT Center for Real Estate, focuses on developing an understanding of the macroeconomic factors that shape and influence markets for real property. We will develop the theory of land markets and locational choice. The material covered includes studies of changing...
Persistent link: https://www.econbiz.de/10009433231
notifications of 1340/100 000 in 1996. These suburbs are characterised by overcrowding, high unemployment and poverty. It is … tuberculosis notifications were found with unemployment, overcrowding and number of shebeens per enumerator sub-district. High … tuberculosis notifications with unemployment and its associated poverty emerged as the strongest association. …
Persistent link: https://www.econbiz.de/10009442250
given to the unemployment rate. While several of the most recent models of unemployment show that the aggregate unemployment … rate in Australia does indeed behave differently during periods of low and high unemployment, none can explain what drives … the unemployment rate to increase at such a rapid rate and what contributes to its much slower decrease. Another central …
Persistent link: https://www.econbiz.de/10009438087
This paper offers a reappraisal of the inflation-unemployment tradeoff, based on "frictional growth", describing the … these shocks also generate plausible impulse-responses for unemployment. Although our theory contains no money illusion, no … permanent nominal rigidities, and no departure from rational expectations, there is a long-run inflation-unemployment tradeoff …
Persistent link: https://www.econbiz.de/10009441372
This article estimates the cost of a public investment-led job creation programme for the United Kingdom. A programme creating an additional one million jobs at the current average wage would involve a net cost to the Treasury dramatically lower than the gross cost; £17 billion worth of...
Persistent link: https://www.econbiz.de/10009441428
. However, depending upon the relative tightness of the local labour market (reflected in the rates of hiring and unemployment …. The significance of quits, hires, and unemployment are explored, in an attempt to explain differential urban wage …
Persistent link: https://www.econbiz.de/10009441464
With around 50% of the urban men between age 15 and 30 unemployed, Ethiopia has one of the highest unemployment rates … ofincidence and duration and find that most variables have the same effect on both.Unemployment is concentrated among relatively … well-educated first time job seekerswho come from the middle classes. Mean duration of unemployment is close to fouryears …
Persistent link: https://www.econbiz.de/10009441517