Sectoral Mobility and Unemployment with Heterogeneous Moving Costs.
A simple equilibrium model of sectoral reallocation is developed in order to study the impact of heterogeneous moving costs on unemployment. The model blends key elements of standard sectoral reallocation theory and the competitive search model. Heterogeneity in moving costs is introduced via mobile...
| Published in: | Journal of Labor Research Vol. 34; no. 3; pp. 339 - 359 |
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| Main Authors: | , |
| Format: | Article |
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Springer Nature
Sep2013
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| Subjects: | |
| Online Access: | View this record in EBSCOhost |
| fields | @attributes: recordID: 1 pdfLink: plink: https://search.ebscohost.com/login.aspx?direct=true&db=ssf&AN=89657960&site=ehost-live header: @attributes: shortDbName: ssf uiTerm: 89657960 longDbName: Social Sciences Full Text (H.W. Wilson) uiTag: AN controlInfo: bkinfo: jinfo: jid: 01953613 JLR jtl: Journal of Labor Research issn: 01953613 maglogo: N pubinfo: dt: Sep2013 vid: 34 iid: 3 pid: 237 pub: Springer Nature artinfo: ui: 89657960 10.1007/s12122-013-9163-3 ppf: 339 ppct: 20 formats: fmt: @attributes: type: P size: 398KB tig: atl: Sectoral Mobility and Unemployment with Heterogeneous Moving Costs. aug: au: Lkhagvasuren, Damba Nitulescu, Roy affil: Department of Economics, Concordia University, 1455 de Maisonneuve Blvd. West Montreal H3G 1M8 Canada su: Unemployment Occupational mobility Employment Labor mobility Cost Job vacancies sug: subj: Unemployment Occupational mobility Employment Labor mobility Cost Job vacancies keyword: Aggregate unemployment Aging population Competitive search homeownership Island model J61 J62 J63 J64 Net and gross mobility Sectoral unemployment Aggregate unemployment Aging population Competitive search homeownership Island model J61 J62 J63 J64 Net and gross mobility Sectoral unemployment ab: A simple equilibrium model of sectoral reallocation is developed in order to study the impact of heterogeneous moving costs on unemployment. The model blends key elements of standard sectoral reallocation theory and the competitive search model. Heterogeneity in moving costs is introduced via mobile and immobile workers. The impact of mobile workers on the unemployment rates of mobile and immobile workers is of particular interest. The model shows that the share of mobile workers raises their unemployment rate. The model also shows that when labor mobility is driven by a sectoral level aggregate disturbance, mobile workers can have a non-monotonic, but globally negative impact on the unemployment rate of immobile workers. However, when labor mobility is driven by an idiosyncratic sector-worker match effect, the share of mobile workers raises the unemployment rate of immobile workers. pubtype: Academic Journal doctype: Article src: R language: English refInfo: copyright: @attributes: flag: N holdings: @attributes: islocal: N |
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