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Job search with an external opportunity: an experimental exploration of the Todaro Paradox

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  • Wayne Edwards
  • Lee Huskey

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    File URL: http://hdl.handle.net/10.1007/s00168-007-0187-6
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    Bibliographic Info

    Article provided by Springer in its journal The Annals of Regional Science.

    Volume (Year): 42 (2008)
    Issue (Month): 4 (December)
    Pages: 807-819

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    Handle: RePEc:spr:anresc:v:42:y:2008:i:4:p:807-819

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    Web page: http://link.springer.de/link/service/journals/00168/index.htm
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    Related research

    Keywords: J61; O15; R23;

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    References

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    1. Lall, Somik V. & Selod, Harris & Shalizi, Zmarak, 2006. "Rural-urban migration in developing countries : a survey of theoretical predictions and empirical findings," Policy Research Working Paper Series 3915, The World Bank.
    2. Vernon L. Smith, 1994. "Economics in the Laboratory," Journal of Economic Perspectives, American Economic Association, vol. 8(1), pages 113-131, Winter.
    3. Ghatak, Subrata & Levine, Paul & Price, Stephen Wheatley, 1996. " Migration Theories and Evidence: An Assessment," Journal of Economic Surveys, Wiley Blackwell, vol. 10(2), pages 159-98, June.
    4. Mortensen, Dale T & Pissarides, Christopher, 1999. "New Developments in Models of Search in the Labour Market," CEPR Discussion Papers 2053, C.E.P.R. Discussion Papers.
    5. Smith, Vernon L, 1982. "Microeconomic Systems as an Experimental Science," American Economic Review, American Economic Association, vol. 72(5), pages 923-55, December.
    6. Zenou, Yves, 2005. "The Todaro Paradox Revisited," Working Paper Series 652, Research Institute of Industrial Economics.
    7. Cox, James C & Oaxaca, Ronald L, 1992. "Direct Tests of the Reservation Wage Property," Economic Journal, Royal Economic Society, vol. 102(415), pages 1423-32, November.
    8. Williamson, Jeffrey G., 1988. "Migration and urbanization," Handbook of Development Economics, in: Hollis Chenery & T.N. Srinivasan (ed.), Handbook of Development Economics, edition 1, volume 1, chapter 11, pages 425-465 Elsevier.
    9. Salvatore, Dominick, 1981. "A theoretical and empirical evaluation and extension of the Todaro migration model," Regional Science and Urban Economics, Elsevier, vol. 11(4), pages 499-508, November.
    10. Stark, Oded & Levhari, David, 1982. "On Migration and Risk in LDCs," Economic Development and Cultural Change, University of Chicago Press, vol. 31(1), pages 191-96, October.
    11. Hey, John D., 1987. "Still searching," Journal of Economic Behavior & Organization, Elsevier, vol. 8(1), pages 137-144, March.
    12. Carpenter, Jeffrey & Rudisill, McAndrew, 2003. "Fairness, escalation, deference, and spite: strategies used in labor-management bargaining experiments with outside options," Labour Economics, Elsevier, vol. 10(4), pages 427-442, August.
    13. Agesa, Richard U & Kim, Sunwoong, 2001. "Rural to Urban Migration as a Household Decision: Evidence from Kenya," Review of Development Economics, Wiley Blackwell, vol. 5(1), pages 60-75, February.
    14. Vishwanath, Tara, 1991. "Information flow, job search, and migration," Journal of Development Economics, Elsevier, vol. 36(2), pages 313-335, October.
    15. Schotter, Andrew & Braunstein, Yale M, 1981. "Economic Search: An Experimental Study," Economic Inquiry, Western Economic Association International, vol. 19(1), pages 1-25, January.
    16. Yasuhiro Sato, 2004. "Migration, Frictional Unemployment, and Welfare-Improving Labor Policies," Journal of Regional Science, Wiley Blackwell, vol. 44(4), pages 773-793.
    17. Katz, Eliakim & Stark, Oded, 1986. "Labor Migration and Risk Aversion in Less Developed Countries," Journal of Labor Economics, University of Chicago Press, vol. 4(1), pages 134-49, January.
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    Cited by:
    1. Charness, Gary & Kuhn, Peter J., 2010. "Lab Labor: What Can Labor Economists Learn from the Lab?," IZA Discussion Papers 4941, Institute for the Study of Labor (IZA).
    2. Wayne Edwards & Tara Natarajan, 2007. "Rigidities, Living Conditions, and Institutions in the Far North," Forum for Social Economics, Springer, vol. 36(2), pages 63-72, October.

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