Number of the records: 1
The welfare effects of mobility restrictions
- 1.
SYSNO ASEP 0156074 Document Type J - Journal Article R&D Document Type Journal Article Subsidiary J Ostatní články Title The welfare effects of mobility restrictions Author(s) Jeong, Byeongju (NHU-N) RID Source Title Review of Economic Dynamics. - : Elsevier - ISSN 1094-2025
Roč. 6, č. 3 (2003), s. 685-696Number of pages 12 s. Language eng - English Country US - United States Keywords mobility restriction ; partnership ; search Subject RIV AH - Economics CEZ AV0Z7085904 - NHU-N DOI https://doi.org/10.1016/S1094-2025(03)00015-2 Annotation Mobility restrictions (e.g., severance payment, life-long tenure, and divorce ban) are widely observed. I present a partnership model that highlights the 'break-up externality' (i.e., the negative effect of a person's break-up decision on his current partner). Under this externality, there is too much searching for new partners and too much breaking-up of existing partnerships. Restrictions such as a break-up payment and break-up ban can reduce the levels of searching and breaking-up and improve welfare. Thus the paper rationalizes mobility restrictions as welfare-improving arrangements. Workplace Economics Institute Contact Tomáš Pavela, pavela@cerge-ei.cz, Tel.: 224 005 122 Year of Publishing 2004
Number of the records: 1