Abstract
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.
Sign-in/Register to access full text options 
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callDisclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
