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Title: The Persistence of Local Joblessness

Citation Type: Miscellaneous

Publication Year: 2015

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Abstract: Local differences in US employment-population rations and unemployment rates have persisted over many decades. Using decennial census data from 1950-2010, we investigate the reasons for this. The persistence cannot be explained by permanent differences in amenities, local demographic composition or the propensity of women to work. Population does respond strongly to differences in economic fortunes, although these movements are not large enough to eliminate shocks within a decade. Over the longer run, persistence in local joblessness is largely explained by serial correlation in the demand shocks themselves. The paper also shows that commuting plays an important part in adjustment to local shocks, even when the units of analysis are, as here, commuting zones.

Url: http://cep.lse.ac.uk/seminarpapers/06-03-15-MA.pdf

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Authors: Amior, Michael; Manning, Alan

Publisher: Centre for Economic Performance, London School of Economic

Data Collections: IPUMS USA

Topics: Labor Force and Occupational Structure

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