Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/61294
Authors: 
Burgess, Simon M.
Profit, Stefan
Year of Publication: 
1998
Series/Report no.: 
Discussion Papers, Interdisciplinary Research Project 373: Quantification and Simulation of Economic Processes 1998,19
Abstract: 
We provide empirical evidence on the nature of spatial externalities in a matching model for the UK. We use a monthly panel of outflows, unemployment and vacancy stocks data from the registers at Jobcentres in the UK; these are mapped on to travel-to-work areas. We find evidence of significant spill-over effects that are generally in line with the predictions of theory. For example, we find that conditional on local labour market conditions, high unemployment levels in neighbouring areas raise the number of local filled vacancies but lower the local outflow from unemployment.
Subjects: 
matching model
externalities
spatial dependence
unemployment outflows
JEL: 
E24
J64
Persistent Identifier of the first edition: 
Document Type: 
Working Paper

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