Place Based Policies with Unemployment
نویسندگان
چکیده
منابع مشابه
Place Based Policies with Unemployment
Many countries have policies aimed at creating jobs in depressed areas with high unemployment rates. In standard spatial equilibrium models with perfectly competitive labor and land markets, local job creation efforts are distortionary. We develop a stylized model of frictional local labor markets with the goal of studying the efficiency of unemployment differences across areas and the potentia...
متن کاملPlace Based Policies and Unemployment
* We thank seminar participants at Berkeley and the AEA meetings in San Diego for useful comments and Attila Sandor Lindner for excellent research assistance.
متن کاملNber Working Paper Series Place Based Policies with Unemployment
Many countries have policies aimed at creating jobs in depressed areas with high unemployment rates. In standard spatial equilibrium models with perfectly competitive labor and land markets, local job creation efforts are distortionary. We develop a stylized model of frictional local labor markets with the goal of studying the efficiency of unemployment differences across areas and the potentia...
متن کاملPlace-Based Policies
Place-based policies commonly target underperforming areas, such as deteriorating downtown business districts and disadvantaged regions. Principal examples include enterprise zones, European Union Structural Funds, and industrial cluster policies. Place-based policies are rationalized by various hypotheses in urban and labor economics, such as agglomeration economies and spatial mismatch— hypot...
متن کاملRedistribution and Employment Policies with Endogenous Unemployment
We study the features of optimal transfers to the non-employed which include those unable to work, the voluntarily unemployed, and the involuntarily unemployed. Both voluntary and involuntary unemployment are endogenous. We analyze optimal government policies in the presence of two types of involuntary unemployment, frictional and that induced by efficiency wages. We consider how the quality of...
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ژورنال
عنوان ژورنال: American Economic Review
سال: 2013
ISSN: 0002-8282
DOI: 10.1257/aer.103.3.238