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North-South Imbalances: Policies in a Spatial Equilibrium

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Author Info

  • Antonio Accetturo
  • Alberto Dalmazzo
  • Guido De Blasio

    ()
    (Banca d'Italia
    University of Siena
    Banca d'Italia)

Abstract

The 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 Info

Article 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)
Pages: 3-36

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Handle: RePEc:gde:journl:gde_v69_n2_p3-36

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Related research

Keywords: Spatial general equilibrium; Public intervention; Social Welfare Function;

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Cited by:
  1. Guido de Blasio & Samuele Poy, 2014. "The impact of local minimum wages on employment: evidence from Italy in the 1950s," Temi di discussione (Economic working papers) 953, Bank of Italy, Economic Research and International Relations Area.
  2. repec:wiw:wiwrsa:ersa13p303 is not listed on IDEAS

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