Labor market pooling, outsourcing and labor contracts

Arbeitspapier

Economic regions, such as urban agglomerations, face external demand and price shocks that produce income risk. Workers in large and diversified agglomerations may benefit from reduced wage volatility, while firms may outsource the production of intermediate goods and realize benefits from Chamberlinian externalities. Firms may also protect workers from wage risks through fixed wage contracts. This paper explores the relationships between firms' risks, workers' contracts, and the structure of production in cities.

Object Details

• Language: Englisch

References and Relationships

• Bibliographic citation: Series: CESifo Working Paper ; No. 2765

Classification and Topics

• Classification: Wirtschaft ; Size and Spatial Distributions of Regional Economic Activity ; Urban, Rural, Regional, Real Estate, and Transportation Economics: Regional Migration; Regional Labor Markets; Population; Neighborhood Characteristics ; Wage Level and Structure; Wage Differentials ; Unemployment Insurance; Severance Pay; Plant Closings
• Subject: labor market ; labor contracts ; Chamberlinian externalities ; Ballungsraum ; Großstadt ; Städtischer Arbeitsmarkt ; Regionaler Arbeitsmarkt ; Verarbeitendes Gewerbe ; Arbeitsnachfrage ; Outsourcing ; Lohnniveau ; Arbeitsvertrag ; Theorie

Contributors, Places and Time

• Event: Geistige Schöpfung
• (who): Picard, Pierre M. ; Wildasin, David E.
• Event: Veröffentlichung
• (who): Center for Economic Studies and ifo Institute (CESifo)
• (where): Munich
• (when): 2009

Further information

• Handle: http://hdl.handle.net/10419/30516
• Last update: 10.03.2025, 11:42 AM CET