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Are Shirking and Leisure Substitutable? An Empirical Test of Efficiency Wages based on Urban Economic Theory

Ross, Stephen L.; Zenou, Yves - C.E.P.R. Discussion Papers - 2008

allow for behavioural substitution between leisure time at home and effort at work. In equilibrium, residing at a location … with a long commute affects the time available for leisure at home and therefore affects the trade-off between effort at … wages, which are both consistent with shirking and leisure being substitutable. …

Persistent link: https://www.econbiz.de/10005662249

Are Shirking and Leisure Substitutable? An Empirical Test of Efficiency Wages based on Urban Economic Theory

Ross, Stephen L.; Zenou, Yves - C.E.P.R. Discussion Papers - 2007

Persistent link: https://www.econbiz.de/10005788928

How do Firms Redline Workers?

Zenou, Yves - C.E.P.R. Discussion Papers - 2002

In a city where individuals endogenously choose their residential location, firms determine their spatial efficiency wage and a geographical red line beyond which they do not recruit workers. This is because workers experiencing longer commuting trips provide lower effort levels than those...

Persistent link: https://www.econbiz.de/10005114307

Space And Unemployment: The Labour-Market Effects Of Spatial Mismatch

Brueckner, Jan; Zenou, Yves - C.E.P.R. Discussion Papers - 2000

The aim of this paper is to analyse the effects of suburban housing discrimination on the wages and unemployment rates of black workers. In a duocentric city with efficiency wages, it is shown that, when blacks experience suburban housing discrimination, they face a higher unemployment rate in...

Persistent link: https://www.econbiz.de/10005661463

Spatial Mismatch: From the Hypothesis to the Theories

Gobillon, Laurent; Selod, Harris; Zenou, Yves - C.E.P.R. Discussion Papers - 2003

Since the 1950s, there has been a steady decentralization of entry-level jobs towards the suburbs of American cities, while racial minorities — and particularly blacks — have remained in city centres. In this context, the spatial mismatch hypothesis argues that because the residential...

Persistent link: https://www.econbiz.de/10005661813

The mechanisms of spatial mismatch

Gobillon, Laurent; Selod, Harris; Zenou, Yves - C.E.P.R. Discussion Papers - 2005

The Spatial Mismatch Hypothesis (SMH) argues that low-skilled minorities residing in U.S. inner cities experience poor labour-market outcomes because they are disconnected from suburban job opportunities. This assumption gave rise to an abundant empirical literature, which confirmed this...

Persistent link: https://www.econbiz.de/10005114305

Efficiency Wages, Urban Unemployment and Housing Consumption

Zenou, Yves - C.E.P.R. Discussion Papers - 2003

The aim of this Paper is to introduce endogenous housing consumption in an efficiency wage model in which two cases are considered: very high and zero relocation costs. First, in both cases, we are able to totally characterize the efficiency wage for any preferences that are quasi-linear with...

Persistent link: https://www.econbiz.de/10005504623

Does Space Affect Search? A Theory of Local Unemployment

Wasmer, Etienne; Zenou, Yves - C.E.P.R. Discussion Papers - 1999

The spatial dispersion of economic agents is an immediate determinant of informational imperfections. We investigate how this dispersion creates search frictions and thus rationing. For that, we develop a model of local labour markets in which workers' search efficiency is negatively affected by...

Persistent link: https://www.econbiz.de/10005656179

Urban Labour Economic Theory

Zenou, Yves - C.E.P.R. Discussion Papers - 2003

In this Paper survey some recent developments in urban labour economic theory. We first present a benchmark model in which firms set efficiency wages to prevent shirking and to compensate workers for commuting. We show that both wages and unemployment depend on commuting costs, and that housing...

Persistent link: https://www.econbiz.de/10005666637

Dual Labour Markets, Urban Unemployment and Multicentric Cities

Smith, Tony E; Zenou, Yves - C.E.P.R. Discussion Papers - 1997

In this paper a two-sector model of urban unemployment is developed which focuses on the formation of a secondary sector under conditions in which a demand shock in the primary sector leads to a sharp increase in unemployment. The optimal location in the secondary sector is shown to be at the...

Persistent link: https://www.econbiz.de/10005666873