Showing 1 - 10 of 76
Employing a standard matching unemployment model extended by within-labor-market-regions commuting, this paper analyzes the tradeoff between commuting costs and unemployment. Depending on whether commuters are able to bargain for fringe benefits, search may or may not be biased towards distant...
Persistent link: https://www.econbiz.de/10009381981
Combining a spatial equilibrium model with a search-matching unemployment model, this paper analyzes the willingness to pay for regional amenities and the regional quality of life when wages, rents, and unemployment risk compensate for local amenities and disamenities. The results are compared...
Persistent link: https://www.econbiz.de/10011560029
High-skilled workers and high-productivity firms co-locate in large cities. In this paper, I study how the two-sided sorting of workers and firms affects spatial earnings inequality, efficiency of the allocation of workers and firms across cities, and the welfare consequences of place-based...
Persistent link: https://www.econbiz.de/10014635185
that industrial agglomeration improves the quality of the firm-worker matching process. Our method makes use of recent …
Persistent link: https://www.econbiz.de/10010280710
sensitivity - trade liberalization may lead to industrial agglomeration and inter-regional trade. Capital heterogeneity gives … environmental consciousness assumption, giving rise to an agglomeration force, which can offset the forces against, trade costs and … the erosion of monopsony power. A robust agglomeration equilibrium is derived analytically and shows that pollution can …
Persistent link: https://www.econbiz.de/10009421170
sensitivity), then trade liberalization may lead to industrial agglomeration and inter-regional trade. Capital heterogeneity gives … environmental consciousness assumption, giving rise to an agglomeration force, which can offset the forces against, trade costs and … the erosion of monopsony power. A robust agglomeration equilibrium is derived analytically and shows that pollution can …
Persistent link: https://www.econbiz.de/10005416709
agglomeration. However, the nature of those benefits remains unclear. In this paper we take advantage of a new dataset to quantify …
Persistent link: https://www.econbiz.de/10010745550
The striking geographical concentration of economic activities suggests that there are substantial benefits toagglomeration. However, the nature of those benefits remains unclear. In this paper we take advantage of a newdataset to quantify the role of one of the main contenders - the matching of...
Persistent link: https://www.econbiz.de/10005670635
Persistent link: https://www.econbiz.de/10012818338
This paper studies equilibrium unemployment in a two-region economy with matching frictions, where workers and jobs are free to move and wages are bargained over. Job-seekers choose between searching locally or searching in both regions. Search-matching externalities are amplified by the latter...
Persistent link: https://www.econbiz.de/10010515473