Multi-region Job Search with Moving Costs
Kawata, Keisuke : Kentaro Nakajima : Yasuhiro Sato
『Regional Science and Urban Economics』 Vol.61 pp. 114-129 (2016/11/01)
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, e…