Full Citation

Title: Labor Market Pooling and Occupational Agglomeration

Citation Type: Working Paper

Publication Year: 2009

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Abstract: This paper examines the micro-foundations of occupational agglomeration in U.S.metropolitan areas, with an emphasis on labor market pooling. Controlling for a widerange of occupational attributes, including proxies for the use of specialized machineryand for the importance of knowledge spillovers, we find that jobs characterized by aunique knowledge base exhibit higher levels of geographic concentration than dooccupations with generic knowledge requirements. Further, by analyzing coagglomerationpatterns, we find that occupations with similar knowledge requirementstend to co-agglomerate. Both results provide new evidence on the importance of labormarket pooling as a determinant of occupational agglomeration.

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Authors: Gabe, Todd M.; Abel, Jaison R.

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Publication Number: 393

Institution: Federal Reserve Bank of New York

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Publisher Location: New York

Data Collections: IPUMS USA

Topics: Labor Force and Occupational Structure, Other

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