Search theory and the wage curve *
نویسنده
چکیده
This paper investigates whether a search theoretic model can explain the wage curve, that is, a negative relationship between regional wages and regional unemployment rates, even if the workers are mobile between regions. We show that a simple search model if combined with regional variations in productivity and with a monocentric city structure produces the wage curve. 2000 Elsevier Science S.A. All rights reserved.
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تاریخ انتشار 1999