Showing 1 - 10 of 6,070
there is nowadays much simpler than in the past. Search-matching externalities are amplified by this possibility and by the … expected, increasing matching effectiveness in the other region yields growing regional unemployment rates. We characterize the …
Persistent link: https://www.econbiz.de/10010221545
there is nowadays much simpler than in the past. Search-matching externalities are amplified by this possibility and by the … expected, increasing matching effectiveness in the other region yields growing regional unemployment rates. We characterize the …
Persistent link: https://www.econbiz.de/10010711713
This paper studies equilibrium unemployment in a two-region economy with matching frictions, where workers and jobs are …. Search-matching externalities are amplified by the latter possibility and by the fact that some workers can simultaneously … receive a job offer from each region. The rest of the framework builds upon Moretti (2011). Increasing the matching …
Persistent link: https://www.econbiz.de/10010515473
Persistent link: https://www.econbiz.de/10011479023
This paper presents the new dynamic spatial general equilibrium (DSGE) model – RHOMOLO, which is built to support the EU policy design by undertaking holistic, micro-founded and disaggregated policy impact assessment. The RHOMOLO model is based on the theories of general equilibrium,...
Persistent link: https://www.econbiz.de/10011524125
Many countries shift substantial public resources across jurisdictions to mitigate spatial economic disparities. We use a general equilibrium model with multiple asymmetric regions, labor mobility, and costly trade to carve out the aggregate implications of fiscal transfers. Calibrating the...
Persistent link: https://www.econbiz.de/10012061357
Many countries operate pronounced fiscal equalization schemes that shift tax revenue across jurisdictions. We use a general equilibrium model with multiple asymmetric regions, costly trade and labor mobility to carve out the aggregate implications of this policy. Calibrating the model for...
Persistent link: https://www.econbiz.de/10011844560
This paper extends existing research on regional quality of life in Germany by newly estimating the role of region-specific (dis-)amenities in the determination of regional housing rents and wages. Different from previous studies, the empirical analysis draws on functional labor market areas...
Persistent link: https://www.econbiz.de/10010367141
Many countries operate pronounced fiscal equalization schemes that shift tax revenue across jurisdictions. We use a general equilibrium model with multiple asymmetric regions, costly trade and labor mobility to carve out the aggregate implications of this policy. Calibrating the model for...
Persistent link: https://www.econbiz.de/10012916533
Over the past three decades the field of regional computable general equilibrium (CGE) modeling has flourished, growing from a handful of top-down, single-region and low-dimensioned multiregional models, to a mature field, in which output of large-scale general-purpose multiregional CGE models...
Persistent link: https://www.econbiz.de/10014025284