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Erscheinungsjahr: 
2010
Schriftenreihe/Nr.: 
Staff Report No. 392
Verlag: 
Federal Reserve Bank of New York, New York, NY
Zusammenfassung: 
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.
Schlagwörter: 
Agglomeration
occupations
labor market pooling
knowledge
JEL: 
R12
J24
R20
Dokumentart: 
Working Paper

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