Affiliation:
1. Department of Economics Appalachian State University Boone North Carolina USA
Abstract
AbstractWe expand previous U.S. state‐level research on the relationship between pro‐market institutions and labor market outcomes by examining this relationship at the U.S. metropolitan‐area level. Using panel data for 1992–2012 in a fixed‐effects model, we investigate the effect of pro‐market institutions on the unemployment rate, labor force participation rate, employment‐population ratio, and employment growth across 366 U.S. metropolitan areas. The results indicate that pro‐market institutions are associated with a lower unemployment rate, higher employment‐population ratio, and faster employment growth. These results suggest that local‐area policies are important for achieving favorable labor market conditions at the local level.
Subject
Public Administration,Economics and Econometrics,General Business, Management and Accounting
Cited by
1 articles.
订阅此论文施引文献
订阅此论文施引文献,注册后可以免费订阅5篇论文的施引文献,订阅后可以查看论文全部施引文献