When job search takes place across labour markets, the standard flow approach to labour market analysis fails to uncover the effectiveness at which workers are matched to available jobs. A spatially augmented matching function is backed by a spatial search model with endogenous search intensity....

When job search takes place across labour markets, the standard flow approach to labour market analysis fails to uncover the effectiveness at which workers are matched to available jobs. A spatially augmented matching function is backed by a spatial search model with endogenous search intensity....

The trade-off between output and unemployment has become an essential part of modern macroeconomics and is known as Okun's law. However, in transition and emerging markets economies' context, the output-employment nexus has a much more important role as these countries strive to significantly...

The purpose of this study is to estimate the relationship between various macroeconomic variables such as output and labour for the 1980-2009 period. In order to indicate the main components of economic growth, I firstly use an alternative growth accounting method, where physical capital...

This paper discusses the challenges that European Monetary Union (EMU) poses for European labor markets, emphasizing in particular the regional dimension of the European unemployment problem. The authors argue that the inability of labor markets to adjust to shocks is largely a regional problem...

The paper uses the theoretical framework of the Spatial Economics to analyze (1) the regional unemployment disparities in Spain for males and females in three different age categories and for economic sector. We use administrative regional aggregate data to explore the distribution of the...

Trade between the U.S. and China is widely thought to have contributed significantly to the decline in U.S. manufacturing employment --- sometimes called the China Syndrome. Flipping the point of view, we examine the impact on China of the trade growth between 2000 and 2007: We divide China into...

We examine how city size affect wage levels of cities (agglomeration externality) and how it influence surrounding cities (spill-over effect) in China for the period between 1995 and 2009. Using spatial fixed-effect panel data models and allowing for endogenous and exogenous spatial dependence,...

We examine how city size affect wage levels of cities (agglomeration externality) and how it influence surrounding cities (spill-over effect) in China for the period between 1995 and 2009. Using spatial fixed-effect panel data models and allowing for endogenous and exogenous spatial dependence,...

This study focuses on the employment effect of a hiring subsidy available to firms with less than 50 employees, granted in the context of the 2012 Spanish labour market reform. Exploiting the arbitrary firm size threshold using regression discontinuity design, estimates show on average 2...