Dual labor markets, urban unemployment, and multicentric cities
成果类型：
Article
署名作者：
Smith, TE; Zenou, Y
署名单位：
Universite Paris-Pantheon-Assas; Universite Catholique Louvain
刊物名称：
JOURNAL OF ECONOMIC THEORY
ISSN/ISSBN：
0022-0531
DOI：
10.1006/jeth.1997.2296
发表日期：
1997
页码：
185-214
关键词：
摘要：
A two-sector model of urban employment is developed which focuses on the formation of a secondary sector in response to a primary-sector demand shock. The optimal location of this (single-firm) sector is shown to give rise to a multicentric urban spatial structure. Conditions are then established under which the new labor market equilibrium involves both a decrease in unemployment and an increase in net income for those unemployed. These results are extended to a case where all unemployment benefits are financed by local taxation of firms. Here it is shown that profit incentives may exist for the primary sector to subsidize entry of the secondary sector. (C) 1997 Academic Press.