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dc.contributor.authorSchöb, Ronnieen_US
dc.contributor.authorWildasin, David E.en_US
dc.date.accessioned2009-01-28T16:12:13Z-
dc.date.available2009-01-28T16:12:13Z-
dc.date.issued2003en_US
dc.identifier.urihttp://hdl.handle.net/10419/20181-
dc.description.abstractThis paper investigates the effects of labor market integration, in the form of worker mobility, in a model with long-term labor contracts that lead to wage rigidities and unemployment. Reflecting the interdependence of regional labor markets, we develop a general-equilibrium framework where the contract structure is simultaneously determined in all regions. It is shown that increased mobility leads to more flexible labor market institutions in which firms can more easily vary the level of employment in response to fluctuations in demand. Economic integration is potentially Pareto-improving but, in the absence of a system of compensation, workers are harmed by greater labor mobility while the owners of firms benefit from higher profits.en_US
dc.language.isoengen_US
dc.relation.ispartofseriesIZA Discussion paper series 945en_US
dc.subject.jelJ6en_US
dc.subject.jelR0en_US
dc.subject.jelJ1en_US
dc.subject.ddc330en_US
dc.subject.keywordmigrationen_US
dc.subject.keywordunemploymenten_US
dc.subject.keywordlabor market integrationen_US
dc.subject.keywordrisken_US
dc.subject.stwArbeitsmarkttheorieen_US
dc.subject.stwMarktintegrationen_US
dc.subject.stwInternationale Arbeitsmobilitäten_US
dc.subject.stwLohnverhandlungstheorieen_US
dc.subject.stwLohnrigiditäten_US
dc.subject.stwImplizite Kontrakteen_US
dc.subject.stwWohlfahrtseffekten_US
dc.subject.stwTheorieen_US
dc.titleEconomic integration and labor market institutions : worker mobility, earnings risk, and contract structureen_US
dc.typeWorking Paperen_US
dc.identifier.ppn374510687en_US
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungen-
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