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Do investment programs create more jobs in tight or in slack labor markets? We study this question using data from a large, long-term photovoltaic invest scheme in Germany. Comparing counties with high and low unemployment both over time and across space, we find that photovoltaic installations...
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sector employment to estimate the local employment multiplier. We find that the introduction of one public sector employment … neighborhoods; this effect is also localized. Lastly, by estimating the local employment multiplier for each relocation site, we … document the heterogeneity of the local employment multiplier and provide suggestive evidence that this het-erogeneity is …
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same city with a simple model. The model predicts a significant positive local employment multiplier that increases in size … city with 3.7% unemployment the average local employment multiplier is 0.91 for current inhabitants and 0.60 for migrants …. And in a city with 8.4% unemployment the average local employment multiplier is 1.82 for current inhabitants and 0.23 for …
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