In the last essay, I incorporate Pissarides searching framework in a model of two regions competing for firms. Unemployment arises not only due to scarce vacancies available also because of the imperfect match caused by search friction. I show that competition for limited number of firms between regions with redistributive goals usually does not lead to efficiency.Empirical studies show that job-to-job transitions are strongly procyclical (See Shimer (2005b), Nagypal (2004a) and Essay two of this dissertation). So does class one but not class two. Also, the career builders generally show negativeanbsp;...
|Title||:||Essays on Job Search|
|Publisher||:||ProQuest - 2007|