Discordant city employment cycles
Document Type
Article
Publication Title
Regional Science and Urban Economics
Abstract
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.
DOI
https://doi.org/10.1016/j.regsciurbeco.2012.09.004
Publication Date
3-2013
Recommended Citation
Owyang, Michael T.; Piger, Jeremy; and Wall, Howard J., "Discordant city employment cycles" (2013). Faculty Scholarship. 214.
https://digitalcommons.lindenwood.edu/faculty-research-papers/214