Expected Time to Employment as a Function of Labor Market Size: A Theoretical Note
AbstractWhen job prospects are uncertain, labor market size matters even when labor and jobs, respectively, are homogenous. The expected time to employment and its standard deviation may differ systematically with labor market size and create incentives for agglomeration.
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Bibliographic InfoArticle provided by Southern Regional Science Association in its journal Review of Regional Studies.
Volume (Year): 39 (2009)
Issue (Month): 3 ()
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Find related papers by JEL classification:
- J64 - Labor and Demographic Economics - - Mobility, Unemployment, and Vacancies - - - Unemployment: Models, Duration, Incidence, and Job Search
- R11 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - Regional Economic Activity: Growth, Development, Environmental Issues, and Changes
- R23 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Household Analysis - - - Regional Migration; Regional Labor Markets; Population
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