Arbeitspapier
Local unemployment and specialisation
Recent empirical work has shown that there exists a negative relation between wages and unemployment estimated across regions. Our model recognises the spatial dimension of the so-called wage curve by using a Hotelling/Salop framework in which a finite number of firms compete for heterogeneous workers. We incorporate this set-up into an efficiency-wage framework. In setting wages firms perceive their influenae on the wage-unemployment trade-off, thus taking the employment decisions of their competitors as an externality. The model predicts that in larger local labour markets with firms demanding more specialised labour, workers receive higher wages and face lower unemployment.
- Sprache
-
Englisch
- Erschienen in
-
Series: Tübinger Diskussionsbeiträge ; No. 135
- Klassifikation
-
Wirtschaft
Labor Force and Employment, Size, and Structure
Labor Contracts
Urban, Rural, Regional, Real Estate, and Transportation Economics: Regional Migration; Regional Labor Markets; Population; Neighborhood Characteristics
- Thema
-
specialization and heterogeneity of labour
efficiency wages
local unemployment
Regionaler Arbeitsmarkt
Arbeitsmarkttheorie
Effizienzlohn
Arbeitsteilung
Theorie
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Ritter, Peer
Walz, Uwe
- Ereignis
-
Veröffentlichung
- (wer)
-
Eberhard Karls Universität Tübingen, Wirtschaftswissenschaftliche Fakultät
- (wo)
-
Tübingen
- (wann)
-
1998
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:44 MEZ
Datenpartner
Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
Objekttyp
- Arbeitspapier
Beteiligte
- Ritter, Peer
- Walz, Uwe
- Eberhard Karls Universität Tübingen, Wirtschaftswissenschaftliche Fakultät
Entstanden
- 1998
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