Excess commuting and frictions in the labor market
We propose a model of excess commuting based on search costs in the labor market and show how the equilibrium rate of excess commuting is determined by the degree of geographical job concentration – without neglecting the importance of the size of the labor market and commuting costs. We test – and...
Main Authors: | , |
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Format: | Article |
Language: | English |
Published: |
Taylor & Francis Group
2020-01-01
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Series: | Journal of Applied Economics |
Subjects: | |
Online Access: | http://dx.doi.org/10.1080/15140326.2020.1812476 |