Arbeitspapier
On-the-Job Search and City Structure
We investigate an equilibrium search model in which the search frictions are increasing with the distance to the central business district allowing for on-the-job search and endogenous (monopsony) wage formation and land allocation. We find that there are many different possible outcomes with respect to the location of unemployed workers within a metropolitan area. The city structure of the decentralized market is only efficient when commuting costs of the employed workers are large. Policies reducing the rental costs of unemployed workers for locations close to the central business district can potentially increase welfare.
- Sprache
-
Englisch
- Erschienen in
-
Series: Tinbergen Institute Discussion Paper ; No. 15-016/VI
- Klassifikation
-
Wirtschaft
Monopsony; Segmented Labor Markets
Mobility, Unemployment, Vacancies, and Immigrant Workers: General
Unemployment: Models, Duration, Incidence, and Job Search
General Regional Economics (includes Regional Data)
- Thema
-
Search
city structure
urban economics
- Ereignis
-
Geistige Schöpfung
- (wer)
-
van Vuuren, Aico
- Ereignis
-
Veröffentlichung
- (wer)
-
Tinbergen Institute
- (wo)
-
Amsterdam and Rotterdam
- (wann)
-
2015
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:42 MEZ
Datenpartner
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ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
Objekttyp
- Arbeitspapier
Beteiligte
- van Vuuren, Aico
- Tinbergen Institute
Entstanden
- 2015
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