Abstract
The aim of this paper is to expose the recent developments of urban search models which incorporate a land market into a search-matching framework. Using these models, we will be able to explain why unemployment rates vary within a city, how city structure affects workers' labor-market outcomes, how unemployment benefits and the job-destruction rate affect the growth of cities and why workers living far away from job centers search less intensively and experience higher unemployment rates than those residing closer to jobs. We are also able to explain why, as compared to whites, black workers spend more time commuting to work but travel less miles and search for jobs over a smaller area.
Original language | English |
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Pages (from-to) | 607-624 |
Number of pages | 18 |
Journal | European Economic Review |
Volume | 53 |
Issue number | 6 |
DOIs | |
Publication status | Published - Aug 2009 |
Externally published | Yes |
Keywords
- Automobile mismatch
- Job search
- Search intensity
- Spatial mismatch
- Urban land use