Tag Archives: Local Labor Markets

Growth in Cities and Countries

From Chang-Tai Hsieh and Enrico Moretti: A large micro literature has documented the local forces leading to growth and decline of cities. This paper measures the consequences of these local forces on aggregate output and welfare. We use a Rosen-Roback model of … Continue reading

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Declining Migration within the US: The Role of the Labor Market

From Raven Molloy, Christopher Smith, Abigail Wozniak: Interstate migration has decreased steadily since the 1980s. We show that this trend is not primarily related to demographic and socioeconomic factors, but instead appears to be connected to a concurrent secular decline in … Continue reading

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Pass the Bucks: Investment Incentives as Political Credit-Claiming Devices: Evidence from a Survey Experiment

From Nathan Jensen, Edmund Malesky, Mariana Medina, Ugur Ozdemir:  Both countries and subnational governments commonly engage in competition for mobile capital, offering generous incentives to attract investment. Existing research has suggested that these tax incentives have a limited ability to affect investment patterns and … Continue reading

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Who benefits from state corporate tax cuts?

Here is a new VOXEU summary of my job market paper for their job market paper series: State and local governments have been increasing business location incentives and cutting corporate taxes to attract businesses to their jurisdictions. For instance, Jay Inslee, the … Continue reading

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Moving to Opportunity? Migratory Insurance over the Great Recession

From Danny Yagan: Over the Great Recession, the employment rate in some U.S. cities declined by more than twice the aggregate decline. To what extent did the ability to migrate insure workers against these idiosyncratic local shocks? I answer this … Continue reading

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Local Labor Markets

Here are David Card’s recent notes on local labor markets.

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The Impact of Immigration on Wages, Internal Migration and Welfare

From Suphanit Piyapromdee: Over the past few decades, the number of immigrants entering the U.S. has increased substantially. The local impacts of immigration may differ from national impacts since some cities attract more immigrants. Even within a city, workers may be … Continue reading

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Average Property Tax as a Share of Home Value, 2007-2011

From TPC:

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Washington just awarded the largest state tax subsidy in U.S. history

From the Washington Post: With the stroke of a pen, Washington Gov. Jay Inslee (D) on Monday signed into law the largest corporate tax break any state has ever given to a single company. And it took just three days … Continue reading

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The Impact of Regional and Sectoral Productivity Changes on the U.S. Economy

From Lorenzo Caliendo, Fernando Parro, Esteban Rossi-Hansberg, and Pierre-Daniel Sarte: We study the impact of regional and sectoral productivity changes on the U.S. economy. To that end, we consider an environment that captures the effects of interregional and intersectoral trade in propagating … Continue reading

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