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standard set of labour-market related variables (employment,real compensation, productivity and capital stock) and exogenous … negatively affects real compensation, has negligible employment effects and leads to higher labour productivity. These impacts … real compensation and employment. There is also evidence of positive spill-overs across industries from sector …
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) econometric approach that identifies the effects of shocks resulting from hurricanes. Based on the Quarterly Census of Employment … and Wages (QCEW) data on earnings and employment, the earnings of an average worker in Florida will increase as much as … counties; however, this is coupled with a slower growth rate in employment. Powerful hurricanes have greater effects than their …
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When job search takes place across labour markets, the standard flow approach to labour market analysis fails to uncover the effectiveness at which workers are matched to available jobs. A spatially augmented matching function is backed by a spatial search model with endogenous search intensity....
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