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来源类型 | Working Paper |
规范类型 | 报告 |
DOI | 10.3386/w20568 |
来源ID | Working 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 |
URL | https://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. |
条目包含的文件 | 条目无相关文件。 |
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