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来源类型Working Paper
规范类型报告
DOI10.3386/w27643
来源IDWorking 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
URLhttps://www.nber.org/papers/w27643
来源智库National Bureau of Economic Research (United States)
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资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/585315
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GB/T 7714
Wenquan Liang,Ran Song,Christopher Timmins. Frictional Sorting. 2020.
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