G2TT
来源类型Discussion paper
规范类型论文
来源IDDP16645
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
URLhttps://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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