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This paper theorizes on how categorical distinctions affect market closure. Contrary to expectations that greater variation in choices allows a buyer to optimize their transactions, I find evidence in a labor market for freelancing services which suggests otherwise. In particular, the less...
Persistent link: https://www.econbiz.de/10010677980
I examine the phenomenon of occupational agglomeration – the observation that workers with similar skills tend to co-locate geographically. Extant explanations point to the fact that industries also tend to agglomerate – thereby creating a need for a particular type of employee to...
Persistent link: https://www.econbiz.de/10011131622