Regional labor markets are characterized by huge disparities of unemployment rates. Models of the New Economic … discusses regional unemployment disparities by introducing a wage curve based on efficiency wages into the New Economic … increasing returns to scale, transport costs, congestion costs, and migration. In result, the agglomeration pattern might be …

. -- regional unemployment ; new economic geography ; core-periphery ; wage curve ; labor migration … a negative relationship between unemployment and wages. However, this literature cannot explain how disparities of these … markets endogenously arise, but usually ignores unemployment. Therefore, this paper discusses regional unemployment …

Regional labor markets are characterized by huge disparities between unemployment rates. Models of the New Economic … paper discusses regional unemployment disparities by introducing a wage curve based on efficiency wages into the New … interplay of increasing returns to scale, transport costs, congestion costs, and migration. The level and stability of regional …