"I perform the joint estimation of a reduced-form dynamic model of the transition from one grade level to the next, and a Mincer wage equation, using panel data taken from the NLSY. A very high degree of flexibility is achieved by approximating the distributions of idiosyncractic grade...

The Spatial Interaction Model proposed by Alonso as "Theory ofMovements" offers a new specification of spatial origin-destination flow models. Equations for flows between regions, totaloutflow from and total inflow to a region are linked bybalancing factors. The paper presents a consistent...

Most "wage curve" studies treat local labour markets as independent "islands" in the national economy. However, when a local labour market is in close proximity of other labour markets, a local shock that increases unemployment may not lead to lower pay rates if employers fear outward migration...