Place Based Policies with Unemployment

Patrick Kline and Enrico Moretti

American Economic Review, 2013, vol. 103, issue 3, 238-43

Abstract: We develop a stylized model of frictional local labor markets with the goal of studying the efficiency of unemployment differences across areas. The model adapts the widely used Diamond-Mortensen-Pissarides framework to a local labor market setting with a competitive housing market. The result is a simple search analogue of the classic Roback model that provides a tractable environment for studying the effects of local job creation efforts.

JEL-codes: E24 R12 R23 (search for similar items in EconPapers)
Date: 2013
Note: DOI: 10.1257/aer.103.3.238
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Citations: View citations in EconPapers (96)

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Related works:
Working Paper: Place Based Policies with Unemployment (2013)
Working Paper: Place Based Policies with Unemployment (2013)
Working Paper: Place Based Policies with Unemployment (2013)
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