Place Based Policies with Unemployment
构建了一个包含摩擦性地方劳动力市场的简化模型，研究不同地区失业差异的效率问题，为评估地方就业创造政策提供了分析工具。
We develop a stylized model of frictional local labor markets with the goal of studying the efficiency of unemployment differences across areas. The model adapts the widely used Diamond-Mortensen-Pissarides framework to a local labor market setting with a competitive housing market. The result is a simple search analogue of the classic Roback model that provides a tractable environment for studying the effects of local job creation efforts.