How local are labour markets? A look at the London Olympics

Alan Manning, Barbara Petrongolo 03 August 2012

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How local are labour markets? A number of important questions in labour economics hinge on the answer.

In recent years there has been a resurgence of interest in the consequences of localisation of economic activity for workers' welfare (see Moretti 2011, for a recent overview) and in policies aimed to improve labour market outcomes in disadvantaged areas (Glaeser and Gottlieb 2008).

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Topics:  Labour markets

Tags:  unemployment, Olympics, jobs, local labour markets