Opportunities and Competition in Thick Labor Markets: Evidence from Plant Closures

Konferenzbeitrag

Since Marshall (1890), it has been widely held in urban economic theory that cities ensure workers against the risk of unemployment by offering a larger pool of potential jobs. Using a large administrative panel data set on workers affected by firm closures, we examine whether positive effects from a higher urban job density are offset by more intense competition between workers. When controlling for the sorting of workers between regions, we find no evidence that the number of days workers spend in unemployment decreases with local job density. Instead, longer unemployment periods in cities are partly driven by more intense competition for available jobs

Object Details

• Language: Englisch

References and Relationships

• Bibliographic citation: Series: Beiträge zur Jahrestagung des Vereins für Socialpolitik 2018: Digitale Wirtschaft - Session: Labor and Unemployment I ; No. A16-V3

Classification and Topics

• Classification: Wirtschaft ; Labor Turnover; Vacancies; Layoffs ; Unemployment: Models, Duration, Incidence, and Job Search ; Size and Spatial Distributions of Regional Economic Activity ; Urban, Rural, Regional, Real Estate, and Transportation Economics: Regional Migration; Regional Labor Markets; Population; Neighborhood Characteristics
• Subject: agglomeration ; thick labor markets ; displacement

Contributors, Places and Time

• Event: Geistige Schöpfung
• (who): Haller, Peter ; Heuermann, Daniel F.
• Event: Veröffentlichung
• (who): ZBW - Leibniz-Informationszentrum Wirtschaft
• (where): Kiel, Hamburg
• (when): 2018

Further information

• Handle: http://hdl.handle.net/10419/181527
• Last update: 10.03.2025, 11:43 AM CET