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The present paper describes the modelling of regional labour markets in the newly developed dynamic spatial general equilibrium model RHOMOLO, where the labour market equilibrium is determined by firms' labour demand, a wage-curve determining unemployment, and interregional labour migration. The...
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The objective of the present paper is to study the impact of R&D investment on inter-regional labour migration and inter-sectoral labour reallocation in the EU, specifically at regional level. In order to capture important general equilibrium effects, we employ a structural NEG model called...
Persistent link: https://www.econbiz.de/10011508670
This paper investigates whether labor mobility varies with the degree of agglomeration and, if so, how the differences can be explained. The theoretical basis rests on the advantages agglomerations exhibit in providing a large pooled labor market, one of Marshall's famous three sources of...
Persistent link: https://www.econbiz.de/10011507831
In this paper I investigate the causal relationship between labor market polarization and intergenerational mobility, two of the most important features of advanced labor markets in recent decades. The former relates to the disappearance of middle-wage routine jobs and the rise of both high- and...
Persistent link: https://www.econbiz.de/10013326554
Borjas (1987, 1991 and 1994) developed the self-selection theory, applying Roy's model (1951) to migration studies. He establishes that the characteristics of migrants in terms of skills and abilities are driven by wage distribution differences between the host country and home. In this regard,...
Persistent link: https://www.econbiz.de/10011548528
New economic geography focuses on the impact of falling transport costs on the spatial distribution of activities. However, it disregards the role of technological innovations, which are central to modern economic growth, as well as the role of migration costs, which are a strong impediment to...
Persistent link: https://www.econbiz.de/10011499913
Migrants are among the groups most vulnerable to economic fluctuations. As predicted by the 'welfare magnet' hypothesis, migrants can therefore be expected to--ceteris paribus--prefer countries with more generous welfare provisions to insure themselves against labor market risks. This paper...
Persistent link: https://www.econbiz.de/10011554245
This paper considers diversity of the knowledge of expats as a complementary dimension of human capital that may generate spillovers. Such, often intangible, knowledge about foreign markets, management skills, and other complementary information may enhance the productivity of these expats, or...
Persistent link: https://www.econbiz.de/10011535229