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来源类型Working Paper
规范类型报告
DOI10.3386/w20568
来源IDWorking Paper 20568
In Search of Labor Demand
Paul Beaudry; David A. Green; Benjamin M. Sand
发表日期2014-10-13
出版年2014
语种英语
摘要We propose and estimate a novel specification of the labor demand curve incorporating search frictions and the role of entrepreneurs in new firm creation. Using city-industry variation over four decades, we estimate the employment - wage elasticity to be -1 at the industry-city level and -0.3 at the city level. We show that the difference between these estimates likely reflects the congestion externalities predicted by the search literature. Also, holding wages constant, an increase in the local population is associated with a proportional increase in employment. These results provide indirect information about the elasticity of job creation to changes in profits.
主题Labor Economics ; Labor Supply and Demand
URLhttps://www.nber.org/papers/w20568
来源智库National Bureau of Economic Research (United States)
引用统计
资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/578243
推荐引用方式
GB/T 7714
Paul Beaudry,David A. Green,Benjamin M. Sand. In Search of Labor Demand. 2014.
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