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Regional equilibrium unemployment theory at the age of the internet

Lutgen, Vanessa; Van der Linden, Bruno - 2015

This paper studies equilibrium unemployment in a two-region economy with matching frictions, where workers and jobs are free to move and wages are bargained over. Job-seekers choose between searching locally or searching in both regions. Search-matching externalities are amplified by the latter...

Persistent link: https://www.econbiz.de/10010515473

Wages, rents, unemployment, and the quality of life

Wrede, Matthias - 2012 - This version: April 2012

Combining a spatial equilibrium model with a matching unemployment model, this paper analyzes the regional quality of life when wages, rents, and unemployment risk compensate for local amenities and disamenities. In particular, the paper shows for quasi-linear utility that the effects of any...

Persistent link: https://www.econbiz.de/10009533959

Quality of life in a dynamic spatial model

Ahlfeldt, Gabriel M.; Bald, Fabian; Roth, Duncan; … - 2020

We develop a dynamic spatial model in which heterogeneous workers are imperfectly mobile and forward-looking and yet all structural fundamentals can be inverted without assuming that the economy is in a stationary spatial equilibrium. Exploiting this novel feature of the model, we show that the...

Persistent link: https://www.econbiz.de/10012388100

On the road (again) : commuting and local employment elasticities in Germany

Krebs, Oliver; Pflüger, Michael - 2021

address the role of housing markets for quantitative analyses. Germany is an exciting laboratory because commuting across … local labor markets is pervasive, unique data are available, and because Germany’s high degree of trade openness poses a …/housing shares in Germany turns out to be inessential for our findings, the level of the land/housing share plays an important role …

Persistent link: https://www.econbiz.de/10012597696

Fiscal transfers in the spatial economy

Henkel, Marcel; Seidel, Tobias; Südekum, Jens - 2018

implications of this policy. Calibrating the model for Germany, we find that it indeed delivers smaller spatial economic …

Persistent link: https://www.econbiz.de/10011844560

Labor market effects of economic integration : the impact of re-unification in German border regions

Büttner, Thiess; Rincke, Johannes - 2004

The paper argues that economic integration causes problems for the labor market of high-wage countries due to cross-border labor mobility and the accompanying increase in labor supply. Empirical evidence is provided from an analysis of regional labor market effects of German re-unification. In...

Persistent link: https://www.econbiz.de/10011402446

Measuring quality of life under spatial frictions

Ahlfeldt, Gabriel M.; Bald, Fabian; Roth, Duncan; … - 2024

urban quality-of-life premium. Our application to Germany reveals that accounting for spatial frictions results in larger …

Persistent link: https://www.econbiz.de/10015164620

Workforce location and equilibrium unemployment in a duocentric economy with matching frictions

Lehmann, Etienne; Montero Ledezma, Paola L.; Van der … - 2015

This article examines unemployment disparities and efficiency in a densely populated economy with two job centers and workers distributed between them. We introduce commuting costs and search-matching frictions to deal with the spatial mismatch between workers and firms. In a decentralized...

Persistent link: https://www.econbiz.de/10011342369

A spatial perspective on European integration : heterogeneous welfare and migration effects from the single market and the Brexit

Henkel, Marcel; Seidel, Tobias - 2016

We use a quantitative model to study the implications of European integration for welfare and migration flows across 1,318 regions. The model suggests that an increase of trade barriers to the level of 1957 reduces welfare by about 1-2 percent on average, depending on the presumed trade...

Persistent link: https://www.econbiz.de/10011587896

Welfare benefits of agglomeration and worker heterogeneity

Teulings, Coen N.; Ossokina, Ioulia V.; Groot, Henri L. … - 2014

The direct impact of local public goods on welfare is relatively easy to measure from land rents. However, the indirect effects on home and job location, on land use, and on agglomeration benefits are hard to pin down. We develop a spatial general equilibrium model for the valuation of these...

Persistent link: https://www.econbiz.de/10010391790