North-South Imbalances: Policies in a Spatial Equilibrium
AbstractThe paper introduces mobility costs and non-competitive wage setting into the spatial equilibrium model to analyse regional differences in rents, wages, unemployment and populations. It also considers the impact of policies, such as transfer payments to households and subsidies to firms, and illustrates a numerical exercise to discuss their welfare implications.
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Bibliographic InfoArticle provided by GDE (Giornale degli Economisti e Annali di Economia), Bocconi University in its journal Giornale degli Economisti e Annali di Economia.
Volume (Year): 69 (2010)
Issue (Month): 2 (July)
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Web page: http://www.gde.unibocconi.it/
Find related papers by JEL classification:
- R12 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - Size and Spatial Distributions of Regional Economic Activity; Interregional Trade (economic geography)
- R13 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - General Equilibrium and Welfare Economic Analysis of Regional Economies
- J6 - Labor and Demographic Economics - - Mobility, Unemployment, Vacancies, and Immigrant Workers
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