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understanding migration decisions, focusing on the costs of migrating. We construct and then estimate a spatial equilibrium model … where mobility is determined not only by idiosyncratic tastes, but also by moving costs that are origin … network caused by the construction of a capital city to identify the bilateral costs of moving between two regions. The mean …
Persistent link: https://www.econbiz.de/10012456517
understanding migration decisions, focusing on the costs of migrating. We construct and then estimate a spatial equilibrium model … where mobility is determined not only by idiosyncratic tastes, but also by moving costs that are origin … network caused by the construction of a capital city to identify the bilateral costs of moving between two regions. The mean …
Persistent link: https://www.econbiz.de/10012994889
Persistent link: https://www.econbiz.de/10014391691
Often, minimum wage laws are decided at the state or regional level, and even when not, federal level increases are only binding in certain states. This has been used in previous literature to evaluate the effects of minimum wages on earnings and employment levels. This paper introduces a...
Persistent link: https://www.econbiz.de/10011376306
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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...
Persistent link: https://www.econbiz.de/10011581448
If someone lives in an economically depressed place, they were probably born there. The presence of people with local ties – a preference to live in their birthplace – leads to smaller migration responses. Smaller migration responses to wage declines lead to lower real incomes and make real...
Persistent link: https://www.econbiz.de/10012182408
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