Owyang, Michael T. and Piger, Jeremy and Wall, Howard J. (2010): Discordant city employment cycles.
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This paper estimates city-level employment cycles for 58 large U.S. cities and documents the substantial cross-city variation in the timing, lengths, and frequencies of their employment contractions. It also shows how the spread of city-level contractions associated with U.S. recessions has tended to follow recession-specific geographic patterns. In addition, cities within the same state or region have tended to have similar employment cycles. We find no evidence that similarities in employment cycles are related to similarities in industry mix, although cities with more-similar high school attainment, mean establishment size, and industrial diversity have tended to have more-similar employment cycles.
|Item Type:||MPRA Paper|
|Original Title:||Discordant city employment cycles|
|Keywords:||City Employment Cycles|
|Subjects:||E - Macroeconomics and Monetary Economics > E3 - Prices, Business Fluctuations, and Cycles > E32 - Business Fluctuations; Cycles
R - Urban, Rural, Regional, Real Estate, and Transportation Economics > R1 - General Regional Economics > R12 - Size and Spatial Distributions of Regional Economic Activity
|Depositing User:||Howard J. Wall|
|Date Deposited:||07. Sep 2012 09:48|
|Last Modified:||16. Jun 2013 23:24|
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Available Versions of this Item
Discordant city employment cycles. (deposited 06. May 2011 20:37)
Discordant city employment cycles. (deposited 20. May 2011 12:45)
- Discordant city employment cycles. (deposited 07. Sep 2012 09:48) [Currently Displayed]
- Discordant city employment cycles. (deposited 20. May 2011 12:45)