Manning, Alan; Petrongolo, Barbara - Centre for Economic Performance, LSE - 2011
This paper uses data on very small UK geographies to investigate the effective size of local labour markets. Our … avoiding problems of mismeasurement of local labour markets encountered in previous work. We develop a theory of job search ….3 with distance (in km) to the job - so that labour markets are indeed quite 'local'. Also, workers are discouraged from …