TY - JOUR
T1 - Multi-region job search with moving costs
AU - Kawata, Keisuke
AU - Nakajima, Kentaro
AU - Sato, Yasuhiro
N1 - Funding Information:
This study is conducted as a part of the Project ”Spatial Economic Analysis on Regional Growth” undertaken at Research Institute of Economy, Trade and Industry(RIETI). We thank In-Koo Cho, Gilles Duranton, Michal Fabinger, Masahisa Fujita, Esteban Rossi-Hansberg, Yoshitsugu Kanemoto, Takashi Kunimoto, Akihiko Matsui, Se-il Mun, Daisuke Oyama, Pierre Picard, Frédéric Robert-Nicoud, Artyom Shneyerov, Takatoshi Tabuchi, Ryuichi Tanaka, Takaaki Takahashi, Asher Wolinsky, Yuichiro Yoshida, Dao-Zhi Zeng, Yves Zenou, three anonymous referees, and the participants of various seminars and conferences for very useful comments and discussions. We acknowledges the financial support from RIETI (PJ number: 030901 and 031401 ), and Japan Society for the Promotion of Science (KAKENHI Grant Number: 15H03348 , 15H03344 , 16H03615 , and 24730208 ). An earlier version of this paper was circulated under the title “Analyzing the impact of labor market integration.”
Publisher Copyright:
© 2016 Elsevier B.V.
PY - 2016/11/1
Y1 - 2016/11/1
N2 - We develop a competitive search model involving multiple regions, geographically mobile workers, and moving costs. Equilibrium mobility patterns are analyzed and characterized, and the results indicate that shocks to a particular region, such as a productivity shock, can propagate to other regions through workers' mobility. Moreover, equilibrium mobility patterns are inefficient due to the existence of moving costs.
AB - We develop a competitive search model involving multiple regions, geographically mobile workers, and moving costs. Equilibrium mobility patterns are analyzed and characterized, and the results indicate that shocks to a particular region, such as a productivity shock, can propagate to other regions through workers' mobility. Moreover, equilibrium mobility patterns are inefficient due to the existence of moving costs.
KW - Competitive job search
KW - Efficiency
KW - Geographical mobility of workers
KW - Moving costs
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U2 - 10.1016/j.regsciurbeco.2016.10.002
DO - 10.1016/j.regsciurbeco.2016.10.002
M3 - Article
AN - SCOPUS:84992183810
SN - 0166-0462
VL - 61
SP - 114
EP - 129
JO - Regional Science and Urban Economics
JF - Regional Science and Urban Economics
ER -