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The goal of this paper is to specify the link between urban sprawl and labor market. To this fashion, I build a urban labor model with housing consumption, with a social planer problem and where spatial allocation of workers is directed by a Nash equilibrium In the context of a Potential game....
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The housing market is one of the most important markets in any economy, constituting typically both the most important class of consumption good and the most widely held investment asset. The origin of the Great Recession in the U.S. housing market has shown the importance of linkages between...
Persistent link: https://www.econbiz.de/10011515013
In many downtown areas, privately operated parking garages compete with each other and with publicly operated curbside parking. Garages exercise market power by charging fees that vary with parking duration. Curbside space is scarce, and drivers have to search for it. This creates a congestion...
Persistent link: https://www.econbiz.de/10011499395
Chassamboulli discusses recent research on the effect of immigration policies on job creation. New findings show that various types of immigrants can have a positive impact on employers’ incentives to post vacancies and create new jobs, which benefits also competing natives. Policies that...
Persistent link: https://www.econbiz.de/10012625491
Recent theoretical and empirical models of job search and job matching include on-the-job search as one of the relevant variables and implicitly or explicitly assume that on-the-job search increases in periods of growth and decreases in economic downturns. Because of lack of suitable data,...
Persistent link: https://www.econbiz.de/10012618767
This paper studies match formation and dissolution in frictional marriage markets under labor market uncertainty. We propose a search model with transferable utility in which ex-ante heterogeneous men and women simultaneously search for partners in the marriage market and switch between...
Persistent link: https://www.econbiz.de/10012304704
Over the past 50 years, the U.S. and several European labor markets have undergone two most incisive developments: job market polarization and deunionization. In this paper, we argue that routine-biased technical change is not only the driving force behind polarization, as prevalently assumed,...
Persistent link: https://www.econbiz.de/10012286315