Spatial mismatch, search effort, and urban spatial structure

The aim of this paper is to provide a new mechanism for the spatial mismatch hypothesis. Spatial mismatch can here be the result of optimizing behavior on the part of the labor market participants. In particular, the unemployed can choose low amounts of search and long-term unemployment if they resi...

Full description

Saved in:
Bibliographic Details
Published inJournal of urban economics Vol. 54; no. 1; pp. 129 - 156
Main Authors Smith, Tony E., Zenou, Yves
Format Journal Article
LanguageEnglish
Published Elsevier Inc 01.07.2003
Elsevier
SeriesJournal of Urban Economics
Subjects
Online AccessGet full text

Cover

Loading…
More Information
Summary:The aim of this paper is to provide a new mechanism for the spatial mismatch hypothesis. Spatial mismatch can here be the result of optimizing behavior on the part of the labor market participants. In particular, the unemployed can choose low amounts of search and long-term unemployment if they reside far away from jobs. They choose voluntary not to relocate close to jobs because the short-run gains (low land rent and large housing consumption) are big enough compared to the long-run gains of residing near jobs (higher probability of finding a job).
Bibliography:ObjectType-Article-2
SourceType-Scholarly Journals-1
ObjectType-Feature-1
content type line 23
ISSN:0094-1190
1095-9068
DOI:10.1016/S0094-1190(03)00040-8