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Expected Time to Employment as a Function of Labor Market Size: A Theoretical Note

  • Schaeffer, Peter V.

    (WVU)

  • Gebremedhin, Tesfa G.

    (WVU)

When 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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File URL: http://journal.srsa.org/ojs/index.php/RRS/article/view/200/155
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Article provided by Southern Regional Science Association in its journal Review of Regional Studies.

Volume (Year): 39 (2009)
Issue (Month): 3 ()
Pages: 287-95

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Handle: RePEc:rre:publsh:v:39:y:2009:i:3:p:287-95
Contact details of provider: Web page: http://www.srsa.org

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  1. Qinghua Zhang & Li Gan, 2004. "The thick market effect of local unemployment rate fluctuation," Econometric Society 2004 North American Winter Meetings 179, Econometric Society.
  2. Arulampalam, Wiji & Stewart, Mark B, 1995. "The Determinants of Individual Unemployment Durations in an Era of High Unemployment," Economic Journal, Royal Economic Society, vol. 105(429), pages 321-32, March.
  3. Smith, Adam, 1776. "An Inquiry into the Nature and Causes of the Wealth of Nations," History of Economic Thought Books, McMaster University Archive for the History of Economic Thought, number smith1776.
  4. Fields, Gary S, 1976. "Labor Force Migration, Unemployment and Job Turnover," The Review of Economics and Statistics, MIT Press, vol. 58(4), pages 407-15, November.
  5. Toshihiko Mukoyama & Ayseg├╝l Sahin, 2004. "Why did the average duration of unemployment become so much longer?," Staff Reports 194, Federal Reserve Bank of New York.
  6. Greenwood, Michael J, 1975. "Research on Internal Migration in the United States: A Survey," Journal of Economic Literature, American Economic Association, vol. 13(2), pages 397-433, June.
  7. Jeffrey A. Groen, 2005. "Occupation-Specific Human Capital and Local Labor Markets," Working Papers 376, U.S. Bureau of Labor Statistics.
  8. Elazar Berkovitch, 1985. "Reputation Effect in Equilibrium Search and Bargaining- A Stigma Theory of Unemployment Duration," Discussion Papers 668, Northwestern University, Center for Mathematical Studies in Economics and Management Science.
  9. Timothy J. Bartik, . "Spillover Effects of Welfare Reforms in State Labor Markets," Upjohn Working Papers and Journal Articles tjb2002jrs, W.E. Upjohn Institute for Employment Research.
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