Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/60799
Authors: 
Gabe, Todd M.
Abel, Jaison R.
Year of Publication: 
2010
Series/Report no.: 
Staff Report, Federal Reserve Bank of New York 392
Abstract: 
This paper examines the micro-foundations of occupational agglomeration in U.S. metropolitan areas, with an emphasis on labor market pooling. Controlling for a wide range of occupational attributes, including proxies for the use of specialized machinery and for the importance of knowledge spillovers, we find that jobs characterized by a unique knowledge base exhibit higher levels of geographic concentration than do occupations with generic knowledge requirements. Further, by analyzing co-agglomeration patterns, we find that occupations with similar knowledge requirements tend to co-agglomerate. Both results provide new evidence on the importance of labor market pooling as a determinant of occupational agglomeration.
Subjects: 
Agglomeration
occupations
labor market pooling
knowledge
JEL: 
R12
J24
R20
Document Type: 
Working Paper

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