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This paper introduces a method to estimate the unemployed individual ‘s marginal willingness to pay for the remaining entitlement period by application of search theory. It is demonstrated that search theory implies that the unemployed individuals’ marginal willingness to pay the remaining...
Persistent link: https://www.econbiz.de/10010782230
This paper introduces a method for estimating workers’ marginal willingness to pay for job attributes employing data on job search activity. The empirical relevante of this method is shown by using studies that examine search behaviour in the U.S. and the Netherlands. We provide estimates of...
Persistent link: https://www.econbiz.de/10010782719
Housing markets may significantly affect the relationship between regional population and employment, if housing supply is not fully accommodative to demand. We analyse the relationships between housing supply, regional population and employment empirically in a three-equation dynamic model....
Persistent link: https://www.econbiz.de/10005168703
Transaction costs have attracted considerable attention in the theoretical literature on residential mobility. In many European countries, these costs mainly consist of ad-valorem transaction costs. In the current paper, we demonstrate empirically for the Netherlands that the transaction costs...
Persistent link: https://www.econbiz.de/10005168722
Why are regional unemployment differentials in Europe so persistent if, as the wage curve literature demonstrates, there is no compensation in labour markets? We hypothesise that workers in high-unemployment regions are compensated in housing markets. Modelling regional unemployment...
Persistent link: https://www.econbiz.de/10005168763
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In this paper, we deal with the challenges offered to international firms by combined transport. We start with an introduction to logistics and marketing channels. An attempt is made to link the current theory about marketing channels to combined transport and logistics in order to develop a...
Persistent link: https://www.econbiz.de/10010822532