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来源类型 | Working Paper |
规范类型 | 报告 |
DOI | 10.3386/w27643 |
来源ID | Working Paper 27643 |
Frictional Sorting | |
Wenquan Liang; Ran Song; Christopher Timmins | |
发表日期 | 2020-08-10 |
出版年 | 2020 |
语种 | 英语 |
摘要 | In many countries around the world, migration costs and housing supply restrictions interact with each other and combine to restrict workers’ location decisions. Using an equilibrium sorting model and rich micro data from China, we evaluate the impacts of these dual constraints on workers’ sorting behavior and quantify the resulting changes in aggregate welfare and inequality. We find strong policy interactions between the two kinds of frictions in determining welfare losses and regional inequality. Counterfactual simulations show that lowering migration costs can increase welfare and reduce regional inequality by moving workers from unproductive inland regions to productive coastal regions in China; such welfare and regional distributional impacts depend on the elasticity of housing supply in coastal regions and vice-versa. Results highlight the policy complementarities between reducing the two kinds of frictions and have general implications for countries with different levels of constraints on mobility and housing supply. |
主题 | Labor Economics ; Labor Supply and Demand ; Unemployment and Immigration ; Regional and Urban Economics |
URL | https://www.nber.org/papers/w27643 |
来源智库 | National Bureau of Economic Research (United States) |
引用统计 | |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/585315 |
推荐引用方式 GB/T 7714 | Wenquan Liang,Ran Song,Christopher Timmins. Frictional Sorting. 2020. |
条目包含的文件 | ||||||
文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
w27643.pdf(1515KB) | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 |
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