Download or read book A Model of Multiple Equilibria in Geographic Labor Mobility written by Mr.Luis Ubeda and published by INTERNATIONAL MONETARY FUND. This book was released on 2002-02-01 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: We develop a model of double matching in the labor market and the social environment in order to explain different migration patterns in response to local economic shocks. This approach explains the different behaviors of workers in different groups, regions, or countries in an endogenous way by showing the existence of multiple equilibria, rather than in an exogenous manner by introducing ex-ante regulations or unemployment benefits. This model can also explain why individuals from some communities form ‘sister’ communities in some cases and not in others.