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dc.contributor.authorMoretti, Enricoen
dc.date.accessioned2010-05-04-
dc.date.accessioned2010-07-23T09:35:11Z-
dc.date.available2010-07-23T09:35:11Z-
dc.date.issued2010-
dc.identifier.urihttp://hdl.handle.net/10419/36904-
dc.description.abstractI examine the causes and the consequences of differences in labor market outcomes across local labor markets within a country. The focus is on a long-run general equilibrium setting, where workers and firms are free to move across localities and local prices adjust to maintain the spatial equilibrium. In particular, I develop a tractable general equilibrium framework of local labor markets with heterogenous labor. This framework is useful in thinking about differences in labor market outcomes of different skill groups across locations. It clarifies how, in spatial equilibrium, localized shocks to a part of the labor market propagate to the rest of the economy through changes in employment, wages and local prices and how this diffusion affects workers' welfare. Using this framework, I address three related questions. First, I analyze the welfare consequences of productivity differences across local labor markets. I seek to understand what happens to the wage, employment and utility of workers with different skill levels when a local economy experiences a shift in the productivity of a group of workers. Second, I analyze the causes of productivity differences across local labor markets. To a large extent, productivity differences within a country are unlikely to be exogenous. I review the theoretical and empirical literature on agglomeration economies, with a particular focus on studies that are relevant for labor economists. Finally, I discuss the implications for policy.en
dc.language.isoengen
dc.publisher|aInstitute for the Study of Labor (IZA) |cBonnen
dc.relation.ispartofseries|aIZA Discussion Papers |x4905en
dc.subject.jelJ00en
dc.subject.ddc330en
dc.subject.keywordWagesen
dc.subject.keywordgeneral equilibriumen
dc.subject.stwRegionaler Arbeitsmarkten
dc.subject.stwRegionale Lohnstrukturen
dc.subject.stwRegionale Arbeitsmobilitäten
dc.subject.stwRäumliche Gleichgewichtstheorieen
dc.subject.stwArbeitsproduktivitäten
dc.subject.stwQualifikationen
dc.subject.stwAgglomerationseffekten
dc.subject.stwWohlfahrtseffekten
dc.subject.stwTheorieen
dc.titleLocal labor markets-
dc.type|aWorking Paperen
dc.identifier.ppn625208528en
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen

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