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Since the days of David Ricardo economists have discussed the effects of technological progress on employment. Due to a theorem which can be traced back at least to Neisser (1942), these effects can be related to the elasticity of product demand. In this paper we prove the theorem formally in a...
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This study examines in which cases economic forces or historical singularities prevail in the determination of the spatial distribution of retail shops. We develop a relatively general model of location choice in discrete space. The main force towards an agglomerated structure is the reduction...
Persistent link: https://www.econbiz.de/10005817426
A casual look at regional unemployment rates reveals that there are vast differences, which appearently cannot be explained by different institutional settings. Our paper attempts to trace the these differences in the regions' labor market performance back to the regions' specialization in...
Persistent link: https://www.econbiz.de/10005817582
Our analysis is concerned with the impact of a regionalisation of unemployment insurance (UI) on workers’ preferences, on firms’ profits, and on effciency. The existence and the extent of UI are endogenously derived by maximising an objective function of the state. Three different types of...
Persistent link: https://www.econbiz.de/10005708066
The aim of this study is to examine in which cases economic forces or historical singularities prevail in the determination of the long-run distribution of firms. We develop a relatively general model of heterogenous firms' location choice in discrete space. The main force towards an...
Persistent link: https://www.econbiz.de/10005708075
A casual look at regional unemployment rates reveals that there are vast differences, which cannot be explained by different institutional settings. Our paper attempts to trace these differences in the labor market performance back to the regions' specialization in products that are more or less...
Persistent link: https://www.econbiz.de/10005708076