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We develop a model where workers both choose their residential location (geographical space) and their social interactions (social space). In equilibrium, we show under which condition some individuals reside close to the job center while others live far away from it. Even though the two...
Persistent link: https://www.econbiz.de/10011294096
We develop a model where workers both choose their residential location (geographical space) and social interactions (social space). In equilibrium, we show under which condition the majority group resides close to the job center while the minority group lives far away from it. Even though the...
Persistent link: https://www.econbiz.de/10011476353
Persistent link: https://www.econbiz.de/10002055949
This article considers the problem of deriving a numerical measure of segregation, i.e., a measure of inequality in the … distribution of people across groups. It proposes a list of eight desirable properties for a good numerical measure of segregation …. These properties yield a class of segregation indexes that are related to generalized entropy indexes of income inequality …
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This paper develops a two-sector general equilibrium model in which firms in the primary economy have to create workplaces prior to production and product market competition. For this, we introduce the endogenous sunk cost approach with two-stage decisions of firms from IO in the macro-labor...
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