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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
observations on most businesses located in California. The evidence indicates that enterprise zones do not increase employment. We … also find no shift of employment toward the lower-wage workers targeted by enterprise zone incentives. We conclude that the …
Persistent link: https://www.econbiz.de/10012464117
We estimate the effects of Wal-Mart stores on county-level retail employment and earnings, accounting for endogeneity … employment results indicate that a Wal-Mart store opening reduces county-level retail employment by about 150 workers, implying … retail employment. The payroll results indicate that Wal-Mart store openings lead to declines in county-level retail earnings …
Persistent link: https://www.econbiz.de/10012466889
The Bartik instrument is formed by interacting local industry shares and national industry growth rates. We show that the Bartik instrument is numerically equivalent to using local industry shares as instruments in a GMM estimator and discuss how different asymptotics imply different identifying...
Persistent link: https://www.econbiz.de/10012453306
To understand the elasticity of employment to local labor demand shocks, we develop a quantitative general equilibrium … local employment elasticities differ substantially across U.S. counties and commuting zones in ways that are not well … around 3.3 percent and employment reallocations from -20 to 30 percent …
Persistent link: https://www.econbiz.de/10012456964
'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
In this chapter we analyze immigration and its effect on urban and regional economies focusing on productivity and labor markets. While immigration policies are typically national, the effects of international migrants are often more easily identified on local economies. The reason is that their...
Persistent link: https://www.econbiz.de/10012458239
high-wage manufacturing employment throughout the postwar era. These benefits were shared by incumbent residents; we find …
Persistent link: https://www.econbiz.de/10014512119
decline of profitability and employment in manufacturing, and simulated using annual data from 1950 to 1979. The wage …
Persistent link: https://www.econbiz.de/10012478099
Standard models suggest that adverse labor demand shocks will lead to bigger employment losses if institutional factors … explains the contrast between the United States, where real wages fell over the 1980s and aggregate employment expanded … vigorously, and Europe, where real wages were (roughly) constant and employment was stagnant. We test this hypothesis by …
Persistent link: https://www.econbiz.de/10012473372