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来源类型 | Discussion paper |
规范类型 | 论文 |
来源ID | DP16645 |
DP16645 The Geography of Job Creation and Job Destruction | |
Moritz Kuhn; Iourii Manovskii | |
发表日期 | 2021-10-19 |
出版年 | 2021 |
语种 | 英语 |
摘要 | 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 set of facts guides and disciplines the development of a theory of local labor market performance. We find that a spatial version of a Diamond-Mortensen-Pissarides model with endogenous separations and on-the-job search quantitatively accounts for all the documented empirical regularities. The model also quantitatively rationalizes why differences in job-separation rates have primary importance in inducing differences in unemployment across space while changes in the job-finding rate are the main driver in unemployment fluctuations over the business cycle. |
主题 | Labour Economics ; Macroeconomics and Growth ; Monetary Economics and Fluctuations ; Public Economics |
关键词 | Local labor markets Unemployment Vacancies Search and matching |
URL | https://cepr.org/publications/dp16645 |
来源智库 | Centre for Economic Policy Research (United Kingdom) |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/545585 |
推荐引用方式 GB/T 7714 | Moritz Kuhn,Iourii Manovskii. DP16645 The Geography of Job Creation and Job Destruction. 2021. |
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