Structural/Frictional and Demand-Deficient Unemployment in Local Labor Markets
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NBER Working Paper No. 2652
Issued in July 1988
NBER Program(s): LS
This paper uses data on unemployment rates and job vacancy rates to measure structural/frictional and demand-deficient components of unemployment rate differences across local labor markets. Data on occupational and industrial distributions of unemployed workers and vacant jobs, as well as on local wages, recent sales growth, Unemployment Insurance, and demographics are then used to help account for these components of unemployment across local areas.
Published:
- Published as "Employment, Unemployment and Demand Shifts in Local Labor Markets", Review of Economics and Statistics, Vol. 73, no. 1 (1991): 25-32.
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- Published as "Structural/Frictional and Demand-Deficient Unemployment in Local Labor Markets", Industrial Relations, Vol. 32, no. 3 (1993): 307-328.
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