| 来源类型 | Working Paper |
| 规范类型 | 报告 |
| DOI | 10.3386/w29269 |
| 来源ID | Working Paper 29269 |
| The Geography of Unemployment | |
| Adrien Bilal | |
| 发表日期 | 2021-09-20 |
| 出版年 | 2021 |
| 语种 | 英语 |
| 摘要 | Unemployment rates differ widely across local labor markets. I offer new empirical evidence that high local unemployment emerges because of elevated local job losing rates. Local employers, rather than local workers, account for most of spatial gaps in job stability. I then propose a theory in which spatial differences in job loss arise endogenously, due to the spatial sorting of heterogeneous employers across local labor markets. Labor market frictions induce productive employers to over-value locating close to each other. The optimal policy incentivizes them to relocate to areas with high job losing rates, providing a rationale for commonly used place-based policies. I estimate the model using French administrative data. The estimated model accounts for over three fourths of the cross-sectional dispersion in unemployment rates, as well as for the respective contributions of job losing and job finding rates. Employers' inefficient location choices amplify spatial unemployment differentials five-fold. Both real-world and optimal place-based policies can yield sizable local and aggregate welfare gains. |
| 主题 | Macroeconomics ; Consumption and Investment ; Fiscal Policy ; International Economics ; Trade ; Public Economics ; Taxation ; Labor Economics ; Labor Market Structures ; Unemployment and Immigration ; Regional and Urban Economics ; Regional Economics |
| URL | https://www.nber.org/papers/w29269 |
| 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/586943 |
| 推荐引用方式 GB/T 7714 | Adrien Bilal. The Geography of Unemployment. 2021. |
| 条目包含的文件 | ||||||
| 文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
| w29269.pdf（11881KB） | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 | ||
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