Analyzing the impact of labor market integration

IDEC DP2 Series 3 巻 7 号 1-28 頁 2013-11-19 発行
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タイトル ( eng )
Analyzing the impact of labor market integration
作成者
Nakajima Kentaro
Sato Yasuhiro
収録物名
IDEC DP2 Series
3
7
開始ページ 1
終了ページ 28
抄録
We develop a competitive search model involving multiple regions, geographically mobile workers, and moving costs. Equilibrium mobility patterns are analyzed and characterized, indicating that shocks to a particular region, such as a productivity shock, can propagate to other regions through workers' mobility. Moreover, equilibrium mobility patterns are not efficient due to the existence of moving costs, implying that they affect social welfare not only because they are costs but also because they distort equilibrium allocation. By calibrating our framework to Japanese regional data, we demonstrate that the impacts of eliminating migration costs are comparable to those of a 30% productivity increase.
著者キーワード
geographical mobility of workers
competitive job search
moving costs
labor market integration
JEL Classification Numbers: J61
JEL Classification Numbers: J64
JEL Classification Numbers: R23
NDC分類
社会科学 [ 300 ]
言語
英語
資源タイプ 紀要論文
出版者
広島大学大学院国際協力研究科
発行日 2013-11-19
出版タイプ Version of Record(出版社版。早期公開を含む)
アクセス権 オープンアクセス