Apart from occasional anecdotal observation, there has been little systematic study of the patterns of local inflation. The strongest theoretical argument is that local price inflation should be no different from national inflation. Alternatively, it has been suggested that spatial price...

A model of why people do not move between local labor markets is developed by means of a set of concepts derived from the job search and contracts literature. Emphasis is placed on how the environment, in which individuals behave, determines outcomes. It is argued that individuals act...

Employers have a variety of reasons for attempting to stabilize turnover in their labour force. For example, specific skill requirements, the added costs of training inherent in hiring new workers, and the absolute demand for labour may stimulate firms to minimize labour turnover. One way of...

The paper begins with a case study of CORPORATION X, a small global corporation which specializes in the production and sale of brand-name textile and apparel goods. CORPORATION X is a real company but emphasis is placed on the logical implications of its structure and organization for the...

It has been often suggested that public and private pension funds should be, and could be, mobilised to invest in urban infrastructure, housing, and community development. In fact, given the apparent decline in government funding of such areas of concern, it has been suggested that pension funds...

Incomplete information regarding the location of job offers, their contractual conditions, and tenure prospects typifies US labor markets. Crises of spatial coordination and the allocation of labor demand and supply, amongst other issues, are argued to result from such uncertainties....

The model of pension plan trustee decisionmaking introduced in a previous paper is extended here emphasising aspects of the social psychology of investment decisionmaking, including collegiality and the necessity of justification. To give the analysis structure, I begin with the framing logic of...

For some, networks have ontological status, being associated with the embeddedness of social life in general and the necessary embeddedness of firms in their industries and regions in particular. For others less certain about ontology, networks are vital ingredients in firm-specific competitive...