Add to ORKGA two-region economy is studied in which one region has a competitive labor market whereas the other has a congested labor market in which locating a job uses resources. Workers loosing jobs in the congested region choose between migration followed by an immediate job offer and searching in the congested region. Steady-state decline of the labor force in the congested region is characterized together with equilibrium unemployment rates. Higher unemployment benefits may increase the rate of contraction of the congested market if the consequence for job matching outweighs that for migration conditional upon a given level of unemployment. Copyright 1992 by Royal Economic Society.
We develop an equilibrium search model that incorporates job-to-job transitions, exhibits instances ...
Regional labor markets are characterized by huge disparities of unemployment rates. Models of the Ne...
In many countries, the government pays almost identical nominal wages to workers living in regions w...
A by now large literature in regional economics has greatly improved our understanding of the determ...
In this article, we examine, in an explicitly system-wide context, the theory of regional equilibria...
This paper develops a general equilibrium geographical economics model which uses matching frictions...
A by now large literature in regional economics has greatly improved our understanding of the determ...
We propose a model that explains differences in wages and unemployment rates between two regions. Fi...
This paper studies equilibrium unemployment in a two-region economy with matching frictions, where w...
This paper aims at examining the interaction between unemployment and inter-regional mobility in the...
In this chapter, we introduce a multiregional equilibrium job search model to analyse the economic e...
Labor markets are largely and persistently unequal across regions in the U.S. An extensive empirical...
IN this paper we consider the extent to which regional disparities in economic prosperity are remove...
A casual look at regional unemployment rates reveals that there are vast differences, which cannot b...
This paper investigates the effects of internal migration in developed countries on widening wage in...
We develop an equilibrium search model that incorporates job-to-job transitions, exhibits instances ...
Regional labor markets are characterized by huge disparities of unemployment rates. Models of the Ne...
In many countries, the government pays almost identical nominal wages to workers living in regions w...
A by now large literature in regional economics has greatly improved our understanding of the determ...
In this article, we examine, in an explicitly system-wide context, the theory of regional equilibria...
This paper develops a general equilibrium geographical economics model which uses matching frictions...
A by now large literature in regional economics has greatly improved our understanding of the determ...
We propose a model that explains differences in wages and unemployment rates between two regions. Fi...
This paper studies equilibrium unemployment in a two-region economy with matching frictions, where w...
This paper aims at examining the interaction between unemployment and inter-regional mobility in the...
In this chapter, we introduce a multiregional equilibrium job search model to analyse the economic e...
Labor markets are largely and persistently unequal across regions in the U.S. An extensive empirical...
IN this paper we consider the extent to which regional disparities in economic prosperity are remove...
A casual look at regional unemployment rates reveals that there are vast differences, which cannot b...
This paper investigates the effects of internal migration in developed countries on widening wage in...
We develop an equilibrium search model that incorporates job-to-job transitions, exhibits instances ...
Regional labor markets are characterized by huge disparities of unemployment rates. Models of the Ne...
In many countries, the government pays almost identical nominal wages to workers living in regions w...