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Job search with an external opportunity: an experimental exploration of the Todaro Paradox

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  • Wayne Edwards
  • Lee Huskey

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  • Wayne Edwards & Lee Huskey, 2008. "Job search with an external opportunity: an experimental exploration of the Todaro Paradox," The Annals of Regional Science, Springer;Western Regional Science Association, vol. 42(4), pages 807-819, December.
    • Handle: RePEc:spr:anresc:v:42:y:2008:i:4:p:807-819
    DOI: 10.1007/s00168-007-0187-6
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    1. Stark, Oded & Levhari, David, 1982. "On Migration and Risk in LDCs," Economic Development and Cultural Change, University of Chicago Press, vol. 31(1), pages 191-196, October.
    2. Zenou, Yves, 2005. "The Todaro Paradox Revisited," IZA Discussion Papers 1861, Institute of Labor Economics (IZA).
    3. Yasuhiro Sato, 2004. "Migration, Frictional Unemployment, and Welfare‐Improving Labor Policies," Journal of Regional Science, Wiley Blackwell, vol. 44(4), pages 773-793, November.
    4. Mortensen, Dale T. & Pissarides, Christopher A., 1999. "New developments in models of search in the labor market," Handbook of Labor Economics, in: O. Ashenfelter & D. Card (ed.), Handbook of Labor Economics, edition 1, volume 3, chapter 39, pages 2567-2627, Elsevier.
    5. Lee Huskey & Matthew Berman & Alexandra Hill, 2004. "Leaving home, returning home: Migration as a labor market choice for Alaska Natives," The Annals of Regional Science, Springer;Western Regional Science Association, vol. 38(1), pages 75-92, March.
    6. Hey, John D., 1982. "Search for rules for search," Journal of Economic Behavior & Organization, Elsevier, vol. 3(1), pages 65-81, March.
    7. Michael J. Greenwood & Gary H. McClelland & William D. Schultze, 1997. "The Effects of Perceptions of Hazardous Waste on Migration: A Laboratory Experimental Approach," The Review of Regional Studies, Southern Regional Science Association, vol. 27(2), pages 143-161, Fall.
    8. Smith, Vernon L, 1982. "Microeconomic Systems as an Experimental Science," American Economic Review, American Economic Association, vol. 72(5), pages 923-955, December.
    9. Vishwanath, Tara, 1991. "Information flow, job search, and migration," Journal of Development Economics, Elsevier, vol. 36(2), pages 313-335, October.
    10. Cox, James C & Oaxaca, Ronald L, 1992. "Direct Tests of the Reservation Wage Property," Economic Journal, Royal Economic Society, vol. 102(415), pages 1423-1432, November.
    11. Carpenter, Jeffrey & Rudisill, McAndrew, 2003. "Fairness, escalation, deference, and spite: strategies used in labor-management bargaining experiments with outside options," Labour Economics, Elsevier, vol. 10(4), pages 427-442, August.
    12. Schotter, Andrew & Braunstein, Yale M, 1981. "Economic Search: An Experimental Study," Economic Inquiry, Western Economic Association International, vol. 19(1), pages 1-25, January.
    13. Salvatore, Dominick, 1981. "A theoretical and empirical evaluation and extension of the Todaro migration model," Regional Science and Urban Economics, Elsevier, vol. 11(4), pages 499-508, November.
    14. Katz, Eliakim & Stark, Oded, 1986. "Labor Migration and Risk Aversion in Less Developed Countries," Journal of Labor Economics, University of Chicago Press, vol. 4(1), pages 134-149, January.
    15. Prabir C. Bhattacharya, 2002. "Rural-to-urban migration in LDCS: a test of two rival models," Journal of International Development, John Wiley & Sons, Ltd., vol. 14(7), pages 951-972.
    16. Williamson, Jeffrey G., 1988. "Migration and urbanization," Handbook of Development Economics, in: Hollis Chenery & T.N. Srinivasan (ed.), Handbook of Development Economics, edition 1, volume 1, chapter 11, pages 425-465, Elsevier.
    17. Hollis Chenery† & T.N. Srinivasan (ed.), 1988. "Handbook of Development Economics," Handbook of Development Economics, Elsevier, edition 1, volume 1, number 1.
    18. Hey, John D., 1987. "Still searching," Journal of Economic Behavior & Organization, Elsevier, vol. 8(1), pages 137-144, March.
    19. Harris, John R & Todaro, Michael P, 1970. "Migration, Unemployment & Development: A Two-Sector Analysis," American Economic Review, American Economic Association, vol. 60(1), pages 126-142, March.
    20. Ghatak, Subrata & Levine, Paul & Price, Stephen Wheatley, 1996. "Migration Theories and Evidence: An Assessment," Journal of Economic Surveys, Wiley Blackwell, vol. 10(2), pages 159-198, June.
    21. Richard U. Agesa & Sunwoong Kim, 2001. "Rural to Urban Migration as a Household Decision: Evidence from Kenya," Review of Development Economics, Wiley Blackwell, vol. 5(1), pages 60-75, February.
    22. Vernon L. Smith, 1994. "Economics in the Laboratory," Journal of Economic Perspectives, American Economic Association, vol. 8(1), pages 113-131, Winter.
    23. Lall, Somik V. & Selod, Harris & Shalizi, Zmarak, 2006. "Rural-urban migration in developing countries : a survey of theoretical predictions and empirical findings," Policy Research Working Paper Series 3915, The World Bank.
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    Cited by:

    1. Charness, Gary & Kuhn, Peter, 2011. "Lab Labor: What Can Labor Economists Learn from the Lab?," Handbook of Labor Economics, in: O. Ashenfelter & D. Card (ed.), Handbook of Labor Economics, edition 1, volume 4, chapter 3, pages 229-330, Elsevier.
    2. Barreda-Tarrazona, Iván & Kundu, Tapas & Østbye, Stein, 2021. "On rational forward-looking behavior in economic geography: An experimental analysis," Regional Science and Urban Economics, Elsevier, vol. 87(C).
    3. Wayne Edwards & Tara Natarajan, 2007. "Rigidities, Living Conditions, and Institutions in the Far North," Forum for Social Economics, Springer;The Association for Social Economics, vol. 36(2), pages 63-72, October.
    4. Wayne Edwards & Lee Huskey, 2014. "The search goes on: Parameter effects on the return migration decision," Migration Letters, Migration Letters, vol. 11(1), pages 79-89, January.
    5. Wayne Edwards & Tara Natarajan, 2007. "Rigidities, Living Conditions, and Institutions in the Far North," Forum for Social Economics, Taylor & Francis Journals, vol. 36(2), pages 63-72, January.

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    More about this item

    Keywords

    J61; O15; R23;
    All these keywords.

    JEL classification:

    • J61 - Labor and Demographic Economics - - Mobility, Unemployment, Vacancies, and Immigrant Workers - - - Geographic Labor Mobility; Immigrant Workers
    • O15 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Economic Development: Human Resources; Human Development; Income Distribution; Migration
    • R23 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Household Analysis - - - Regional Migration; Regional Labor Markets; Population

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