Francesco Pascucci – Wage Rigidities in a Quantitative Spatial Economy (with Nathan Lachapelle)
Francesco Pascucci : “Wage Rigidities in a Quantitative Spatial Economy” with Nathan Lachapelle Room : P02 In this paper we build a quantitative spatial general equilibrium model to study the geographical variation in unemployment rates in the presence of wage rigidities and when workers are allowed to commute from residence to workplace. To gauge the magnitude…