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Spatial differences in labor market performance are large and highly persistent. Using data from the United States, Germany, and the United Kingdom, we document striking similarities in spatial differences in unemployment, vacancies, job finding, and job filling within each country. This robust...
Persistent link: https://www.econbiz.de/10012660077
Labor market regulation can have harmful unintended consequences. In many markets, especially for public sector workers, pay is regulated to be the same for individuals across heterogeneous geographical labor markets. We would predict that this will mean labor supply problems and potential falls...
Persistent link: https://www.econbiz.de/10012464871
Abstract How do shocks to economic fundamentals in the world economy affect local labor markets? In a framework with a flexible structure of spatial linkages, we characterize the model-consistent shock exposure of a local market as the exogenous shift in its production revenues and consumption...
Persistent link: https://www.econbiz.de/10012479498
local employment and payroll in nontradable industries and in total, while having no effect on employment in tradable …
Persistent link: https://www.econbiz.de/10012479909
The United States imports intermediate inputs from China, helping downstream US firms to expand employment. Using a … total impact of trading with China is a positive boost to local employment and real wages. The most important factor is … employment stimulation outside the manufacturing sector through the downstream channel. This overturns the received wisdom from …
Persistent link: https://www.econbiz.de/10012480546
-in-differences. We find that a one per thousand increase in infections causes a 2 to 3 percent drop in local employment. Non … that at most half of the job losses in the US and UK can be attributed to lockdowns. We also find that employment losses … recoveries in employment unless COVID-19 infection rates fall …
Persistent link: https://www.econbiz.de/10012481846
Using US Census data for 1990-2000, we estimate effects of NAFTA on US wages. We look for effects of the agreement by industry and by geography, measuring each industry's vulnerability to Mexican imports, and each locality's dependance on vulnerable industries. We find evidence of both effects,...
Persistent link: https://www.econbiz.de/10012462122
were unusually scarce. Our results also help explain prior findings that FPUC did not decrease employment …
Persistent link: https://www.econbiz.de/10012496121
sector and the large decline in employment rates and hours worked among prime-aged Americans since 2000. We use cross …-region variation to explore the link between declining manufacturing employment and labor market outcomes. We find that manufacturing … decline in a local area in the 2000s had large and persistent negative effects on local employment rates, hours worked and …
Persistent link: https://www.econbiz.de/10012453246
's Longitudinal Business Database, we document that firms redistribute the employment impacts of local demand shocks across regions … sharp drop in consumer demand, leading to large employment losses in the non-tradable sector. Consistent with firms …-level employment with respect to house prices in other counties in which the firm has establishments. At the same time, establishments …
Persistent link: https://www.econbiz.de/10012456282