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Commuting, Migration and Local Employment Elasticities

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NBER2015-11-01 更新2025-01-04 收录
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To understand the elasticity of employment to local labor demand shocks, we develop a quantitative general equilibrium model that incorporates spatial linkages in goods markets (trade) and factor markets (commuting and migration). We show that local employment elasticities differ substantially

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2015-11-01
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