Arbeitspapier
The Impact of Labor Markets on Emergence and Persistence of Regional Asymmetries
This paper investigates the impact of labor markets and economies of agglomeration on firms location. We show that the existence of a lower bound on wage (e.g. a minimum wage or a reservation wage) introduces asymmetric location of firms. Moreover, changes in that lower bound or in global product demand may induce irreversible changes in location equilibria. Asymmetries in firms location may thus emerge and persist.
- Language
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Englisch
- Bibliographic citation
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Series: IZA Discussion Papers ; No. 248
- Classification
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Wirtschaft
Labor Demand
Real Estate Markets, Spatial Production Analysis, and Firm Location: General
- Subject
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Firms location
persistence
wages
Standorttheorie
Agglomerationseffekt
Regionaler Arbeitsmarkt
Arbeitsmarktflexibilisierung
Mindestlohn
Regionale Konzentration
Regionale Disparität
Theorie
- Event
-
Geistige Schöpfung
- (who)
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Picard, Pierre M.
Toulemonde, Eric
- Event
-
Veröffentlichung
- (who)
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Institute for the Study of Labor (IZA)
- (where)
-
Bonn
- (when)
-
2001
- Handle
- Last update
-
10.03.2025, 11:43 AM CET
Data provider
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Object type
- Arbeitspapier
Associated
- Picard, Pierre M.
- Toulemonde, Eric
- Institute for the Study of Labor (IZA)
Time of origin
- 2001