神戸大学経済経営研究所100周年記念コンファレンス

1:00pm～2:00pm

論題

A Search and Bargaining Model of the Nondegenerate Money Holdings Distribution

報告者

久保田 荘（一橋大学社会科学高等研究院）

2:00pm～3:00pm

論題

Equilibrium Indeterminacy in a Random Matching Model with Money: A Conjecture

報告者

佐橋 義直（大阪府立大学経済学研究科）

3:00pm～3:20pm 休憩

3:20pm～4:20pm

論題

Productivity Growth, Industry Location Patterns, and Labor Market Frictions

報告者

橋本 賢一（神戸大学大学院経済学研究科）

概要

This paper constructs a two-country model of international trade to study how labor market frictions affect industry location patterns, unemployment rates, and fully endogenous productivity growth. We show that when the larger country offers subsidies to labor search costs or reduces unemployment benefits, the domestic unemployment rate falls, causing greater industry concentration and faster productivity growth, but higher unemployment for the smaller country. When similar labor market policies are implemented in the smaller country, however, the resulting fall in domestic unemployment leads to lower industry concentration and slower productivity growth, while lowering unemployment in the larger country.

4:20pm～5:20pm

論題

Understanding the Role of the Public Employment Agency

報告者

渡辺 誠（Department of Economics, Vrije Universiteit Amsterdam［オランダ］ / Tinbergen Institute［オランダ］）

概要

The Public Employment Agency (PEA) provides intermediation services in the labor market. We investigate the implications of having such an additional market place using a tractable search model, and explain why only a fraction of firms use the PEA as search channel despite its free service. We highlight the registering firms' tradeoff between the negative selection of applicants and the lower wages possible at the PEA. Our theory also explains which job-types are more likely to be registered. We test these theoretical predictions empirically using the German Job Vacancy Survey and the German Socio-Economic Panel and nd strong support for them.