Abstract
The purpose of this paper is to clarify the economic determination of the regional labor supply. In explaining the regional level of labor force participation two models are compared: the “unemployment model” based on the “discouraged worker” hypothesis and the neoclassical model of labor force participation. It is shown that a migration model complements the neoclassical model and provides an alternative interpretation of the discouraged worker hypothesis, this reinterpretation provides an explanation for the failure of the “unemployment model” at the regional level when it is quite successful at the national level.
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