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Zimmermann, Michael Walter ; Zimmermann, Michael: Essays on regional labour mobility. 2021
Inhalt
Regional Labour Migration - Stylized Facts for Germany
Introduction
Introduction
The Data
The Model
Aggregated stylized facts
Unemployment and earnings
Agents' problems
Lifetime Utility
Employment status transition rates
Free entry
Migration rates
Laws of Motion
Regional stylized facts
The Block Recursive Equilibrium
Regional characteristics
The Definition of a BRE
Nominal wages and benefits
Social Planner's Problem
Unemployment rates
Migration rates
Existence, Efficiency and Uniqueness
Relation between unemployment and other variables
Regression modelling
A Calibrated Example
All workers
Data
Unemployed workers
Calibration Strategy
Conclusion
Conclusion
Directed Search on the Job in Local Labour Markets
Productivity Shocks
Discussion
Calibration Outcome
Introduction
Calibration Outcome
Plots
Derivations
The Model
Proofs
Calibration
Dynare Equations
Labour Mobility - A Multiregional New Keynesian Model
Households
Firms
Intermediate Goods
Final Goods
Calvo Price Setting
Marginal Costs
Value Functions
Wage Bargaining
Equilibrium
Monetary Policy
Impulse Response Functions
Productivity Shocks
Impulse Response Functions
Amenity Shocks
Outlook