| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP6115 |
| DP6115 The Vanishing Bequest Tax: The Comparative Evolution of Bequest Taxation in Historical Perspective | |
| Graziella Bertocchi | |
| 发表日期 | 2007-02-14 |
| 出版年 | 2007 |
| 语种 | 英语 |
| 摘要 | We develop a model where information about jobs is essentially obtained through friends and relatives, i.e. strong and weak ties. Workers commute to a business centre to work and to interact with other people. We find that housing prices increase with the level of social interactions in the city because information about jobs is transmitted more rapidly and, as a result, individuals are more likely to be employed and to be able to pay higher land rents. We extend this framework to incorporate black and white workers. Because whites obtain a higher wage than blacks, they reside closer to jobs to save on commuting time costs. As a result, black workers experience a higher unemployment rate than white workers because they have little contact with weak ties (especially whites) and thus have limited access to job information, relying mainly on their strong ties, who are themselves likely to be unemployed. The lack of ties that act as diverse sources of information is therefore the main cause of blacks' unemployment. |
| 主题 | Labour Economics |
| 关键词 | Labour market Land rent Social Networks Spatial mismatch Weak ties |
| URL | https://cepr.org/publications/dp6115 |
| 来源智库 | Centre for Economic Policy Research (United Kingdom) |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/534954 |
| 推荐引用方式 GB/T 7714 | Graziella Bertocchi. DP6115 The Vanishing Bequest Tax: The Comparative Evolution of Bequest Taxation in Historical Perspective. 2007. |
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