Ziliak, James P.; Wilson, Beth A.; Stone, Joe A. - In: The Review of Economics and Statistics 81 (1999) 2, pp. 227-236
Neither the issue of how local and aggregate labor markets interact over time-nor the issue of how heterogeneity by education, race, and other factors interacts with these spatial dynamics-has previously been explored in the literature on the cyclicality of real wages. This study investigates...