Replication data for: How Local Are Labor Markets? Evidence from a Spatial Job Search Model
- Manning, Alan
- Petrongolo, Barbara
AbstractThis paper models the optimal search strategies of the unemployed across space to characterize local labor markets. Our methodology allows for linkages between numerous areas, while preserving tractability. We estimate that labor markets are quite local, as the attractiveness of jobs to applicants sharply decays with distance. Also, workers are discouraged from searching in areas with strong competition from other job-seekers. However, as labor markets overlap, a local stimulus or transport improvements have modest effects on local outcomes, because ripple effects in job applications dilute their impact across a series of overlapping markets.
Is supplement to
DOI: 10.1257/aer.20131026 (Text)
Manning, Alan, and Barbara Petrongolo. “How Local Are Labor Markets? Evidence from a Spatial Job Search Model.” American Economic Review 107, no. 10 (October 2017): 2877–2907. https://doi.org/10.1257/aer.20131026.
- ID: 10.1257/aer.20131026 (DOI)
Update Metadata: 2020-05-18 | Issue Number: 2 | Registration Date: 2019-10-12