Expected Time to Employment as a Function of Labor Market Size: A Theoretical Note
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.
When requesting a correction, please mention this item's handle: RePEc:rre:publsh:v:39:y:2009:i:3:p:287-95. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Mark L. Burkey)
If references are entirely missing, you can add them using this form.