How Long-Run Effects of Local Demand Shocks on Employment Rates Vary with Local Labor Market Distress

نویسندگان

چکیده

This paper estimates that long-run changes in a county’s prime-age employment rate are significantly affected by labor demand shocks to both the county and its overlying commuting zone (CZ). The overall benefits of due more CZ than shocks. A lower preexisting increases effects Simulations suggest low prior CZs, versus higher-rate will have much larger from Targeting jobs at distressed counties within has modest effects, targeting CZs.

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ژورنال

عنوان ژورنال: Social Science Research Network

سال: 2021

ISSN: ['1556-5068']

DOI: https://doi.org/10.2139/ssrn.3772912