The Incidence of Local Labor Demand Shocks
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Low-skill workers are comparatively immobile: when labor demand slumps in a city, low-skill workers are disproportionately likely to remain to face declining wages and employment. This paper estimates the extent to which (falling) housing prices and (rising) social transfers can account for this
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美国国家经济研究局创建时间：
2011-06-01
