How Do Industries and Firms Respond to Changes in Local Labor Supply?
In this paper, we investigate how changes in the skill mix of local labor supply are absorbed by the economy. We distinguish between three adjustment mechanisms: through factor prices, through an expansion in the size of those production units that use the more abundant skill group more intensively,...
Centre for Research and Analysis of Migration (CReAM), Department of Economics, University College London
CReAM Discussion Paper Series
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