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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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  • Wayne Edwards & Lee Huskey, 2008. "Job search with an external opportunity: an experimental exploration of the Todaro Paradox," The Annals of Regional Science, Springer;Western Regional Science Association, vol. 42(4), pages 807-819, December.
    • Handle: RePEc:spr:anresc:v:42:y:2008:i:4:p:807-819
    DOI: 10.1007/s00168-007-0187-6
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    References listed on IDEAS

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    1. Yasuhiro Sato, 2004. "Migration, Frictional Unemployment, and Welfare‐Improving Labor Policies," Journal of Regional Science, Wiley Blackwell, vol. 44(4), pages 773-793, November.
    2. Vishwanath, Tara, 1991. "Information flow, job search, and migration," Journal of Development Economics, Elsevier, vol. 36(2), pages 313-335, October.
    3. 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 134-149, January.
    4. Hey, John D., 1982. "Search for rules for search," Journal of Economic Behavior & Organization, Elsevier, vol. 3(1), pages 65-81, March.
    5. Schotter, Andrew & Braunstein, Yale M, 1981. "Economic Search: An Experimental Study," Economic Inquiry, Western Economic Association International, vol. 19(1), pages 1-25, January.
    6. Hollis Chenery† & T.N. Srinivasan (ed.), 1988. "Handbook of Development Economics," Handbook of Development Economics, Elsevier, edition 1, volume 1, number 1.
    7. Harris, John R & Todaro, Michael P, 1970. "Migration, Unemployment & Development: A Two-Sector Analysis," American Economic Review, American Economic Association, vol. 60(1), pages 126-142, March.
    8. 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.
    9. Lee Huskey & Matthew Berman & Alexandra Hill, 2004. "Leaving home, returning home: Migration as a labor market choice for Alaska Natives," The Annals of Regional Science, Springer;Western Regional Science Association, vol. 38(1), pages 75-92, March.
    10. Michael J. Greenwood & Gary H. McClelland & William D. Schultze, 1997. "The Effects of Perceptions of Hazardous Waste on Migration: A Laboratory Experimental Approach," The Review of Regional Studies, Southern Regional Science Association, vol. 27(2), pages 143-161, Fall.
    11. Smith, Vernon L, 1982. "Microeconomic Systems as an Experimental Science," American Economic Review, American Economic Association, vol. 72(5), pages 923-955, December.
    12. Cox, James C & Oaxaca, Ronald L, 1992. "Direct Tests of the Reservation Wage Property," Economic Journal, Royal Economic Society, vol. 102(415), pages 1423-1432, November.
    13. 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.
    14. 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.
    15. Hey, John D., 1987. "Still searching," Journal of Economic Behavior & Organization, Elsevier, vol. 8(1), pages 137-144, March.
    16. Richard U. Agesa & Sunwoong Kim, 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.
    17. Stark, Oded & Levhari, David, 1982. "On Migration and Risk in LDCs," Economic Development and Cultural Change, University of Chicago Press, vol. 31(1), pages 191-196, October.
    18. Zenou, Yves, 2005. "The Todaro Paradox Revisited," IZA Discussion Papers 1861, Institute of Labor Economics (IZA).
    19. Mortensen, Dale T. & Pissarides, Christopher A., 1999. "New developments in models of search in the labor market," Handbook of Labor Economics, in: O. Ashenfelter & D. Card (ed.), Handbook of Labor Economics, edition 1, volume 3, chapter 39, pages 2567-2627, Elsevier.
    20. Prabir C. Bhattacharya, 2002. "Rural-to-urban migration in LDCS: a test of two rival models," Journal of International Development, John Wiley & Sons, Ltd., vol. 14(7), pages 951-972.
    21. 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.
    22. Ghatak, Subrata & Levine, Paul & Price, Stephen Wheatley, 1996. "Migration Theories and Evidence: An Assessment," Journal of Economic Surveys, Wiley Blackwell, vol. 10(2), pages 159-198, June.
    23. Vernon L. Smith, 1994. "Economics in the Laboratory," Journal of Economic Perspectives, American Economic Association, vol. 8(1), pages 113-131, Winter.
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    Citations

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    Cited by:

    1. Charness, Gary & Kuhn, Peter, 2011. "Lab Labor: What Can Labor Economists Learn from the Lab?," Handbook of Labor Economics, in: O. Ashenfelter & D. Card (ed.), Handbook of Labor Economics, edition 1, volume 4, chapter 3, pages 229-330, Elsevier.
    2. Barreda-Tarrazona, Iván & Kundu, Tapas & Østbye, Stein, 2021. "On rational forward-looking behavior in economic geography: An experimental analysis," Regional Science and Urban Economics, Elsevier, vol. 87(C).
    3. Wayne Edwards & Tara Natarajan, 2007. "Rigidities, Living Conditions, and Institutions in the Far North," Forum for Social Economics, Springer;The Association for Social Economics, vol. 36(2), pages 63-72, October.
    4. Wayne Edwards & Lee Huskey, 2014. "The search goes on: Parameter effects on the return migration decision," Migration Letters, Migration Letters, vol. 11(1), pages 79-89, January.
    5. Wayne Edwards & Tara Natarajan, 2007. "Rigidities, Living Conditions, and Institutions in the Far North," Forum for Social Economics, Taylor & Francis Journals, vol. 36(2), pages 63-72, January.

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    More about this item

    Keywords

    J61; O15; R23;
    All these keywords.

    JEL classification:

    • J61 - Labor and Demographic Economics - - Mobility, Unemployment, Vacancies, and Immigrant Workers - - - Geographic Labor Mobility; Immigrant Workers
    • O15 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Economic Development: Human Resources; Human Development; Income Distribution; Migration
    • R23 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Household Analysis - - - Regional Migration; Regional Labor Markets; Population

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