Papers Containing Tag(s): 'Metropolitan Statistical Area'
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Viewing papers 41 through 50 of 163
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Working PaperIndividual Social Capital and Migration
March 2018
Working Paper Number:
CES-18-14
This paper determines how individual, relative to community social capital affects individual migration decisions. We make use of non-public data from the Social Capital Community Benchmark Survey to predict multi-dimensional social capital for observations in the Current Population Survey. We find evidence that individuals are much less likely to have moved to a community with average social capital levels lower than their own and that higher levels of community social capital act as positive pull-factor amenities. The importance of that amenity differs across urban/rural locations. We also confirm that higher individual social capital is a negative predictor of migration.View Full Paper PDF
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Working PaperThe Potential for Using Combined Survey and Administrative Data Sources to Study Internal Labor Migration
January 2017
Working Paper Number:
CES-17-55
This paper introduces a novel data set combining survey data from the American Community Survey (ACS) with administrative data on employment from the Longitudinal Employer-Household Dynamics program, in order to study geographic labor mobility. With its rich set of information about individuals at the time of the migration decision, large sample size, and near-comprehensive ability to detect labor mobility, the new combined ACS-LEHD data offers several advantages over the existing data sets that are typically used in the study of migration, such as the Decennial Census, Current Population Survey, and Internal Revenue Service data. An overview of how these different data sets can be employed, and examples demonstrating the usefulness of the newly proposed data set, are provided. Aggregate statistics and stylized facts are generated from the ACS-LEHD data which reveal many of the same features as the existing data sets, including the decline of aggregate mobility throughout the past decade, as well as many of the known demographic differences in migration propensity.View Full Paper PDF
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Working PaperHours Off the Clock
January 2017
Working Paper Number:
CES-17-44
To what extent do workers work more hours than they are paid for? The relationship between hours worked and hours paid, and the conditions under which employers can demand more hours 'off the clock,' is not well understood. The answer to this question impacts worker welfare, as well as wage and hour regulation. In addition, work off the clock has important implications for the measurement and cyclical movement of productivity and wages. In this paper, I construct a unique administrative dataset of hours paid by employers linked to a survey of workers on their reported hours worked to measure work off the clock. Using cross-sectional variation in local labor markets, I find only a small cyclical component to work off the clock. The results point to labor hoarding rather than efficiency wage theory, indicating work off the clock cannot explain the counter-cyclical movement of productivity. I find workers employed by small firms, and in industries with a high rate of wage and hour violations are associated with larger differences in hours worked than hours paid. These findings suggest the importance of tracking hours of work for enforcement of labor regulations.View Full Paper PDF
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Working PaperHow Wide Is the Firm Border?
January 2017
Working Paper Number:
CES-17-35
We quantify the normally unobservable forces that determine the boundary of the firm; that is, which transactions are mediated by ownership control as opposed to contracts or markets. To do so, we examine the shipment decisions of tens of thousands of establishments that produce and distribute a variety of products throughout the goods-producing sector. We examine how a firm's willingness to ship over distance varies with whether the recipient is owned by the firm. Because shipping costs increase with distance for many reasons, a greater volume of internal transactions at any given distance reveals the size of the firm's perceived net cost advantage of internal transactions. We find that the firm boundary is notably wide. Having one more vertically integrated downstream establishment in a location has the same effect on transaction volumes to that location as does a 40 percent reduction in distance between sender and destination. We further characterize how this 'internal advantage' varies with observable attributes of the transaction or product being shipped. Finally, we conduct a calibration of a multi-sector general equilibrium trade model and find that costs associated with transacting across firm boundaries also have discernible economy-wide implications.View Full Paper PDF
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Working PaperWhat Drives Differences in Management?
January 2017
Working Paper Number:
CES-17-32
Partnering with the Census we implement a new survey of 'structured' management practices in 32,000 US manufacturing plants. We find an enormous dispersion of management practices across plants, with 40% of this variation across plants within the same firm. This management variation accounts for about a fifth of the spread of productivity, a similar fraction as that accounted for by R&D and twice as much as explained by IT. We find evidence for four 'drivers' of management: competition, business environment, learning spillovers and human capital. Collectively, these drivers account for about a third of the dispersion of structured management practices.View Full Paper PDF
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Working PaperThe Effects of Occupational Licensing Evidence from Detailed Business-Level Data
January 2017
Working Paper Number:
CES-17-20
Occupational licensing regulation has increased dramatically in importance over the last several decades, currently affecting more than one thousand occupations in the United States. I use confidential U.S. Census Bureau micro-data to study the relationship between occupational licensing and key business outcomes, such as number of practitioners, prices for consumers, and practitioners' entry and exit rates. The paper sheds light on the effect of occupational licensing on industry dynamics and intensity of competition, and is the first to study the effects on providers of required occupational training. I find that occupational licensing regulation does not affect the equilibrium number of practitioners or prices of services to consumers, but reduces significantly practitioner entry and exit rates. I further find that providers of occupational licensing training, namely, schools, are larger and seem to do better, in terms of revenues and gross margins, in states with more stringent occupational licensing regulation.View Full Paper PDF
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Working PaperGeography in Reduced Form
January 2017
Working Paper Number:
CES-17-10
Geography models have introduced and estimated a set of competing explanations for the persistent relationships between firm and location characteristics, but cannot identify these forces. I introduce a solution method for models in arbitrary geographies that generates reduced-form predictions and tests to identify forces acting through geographic linkages. This theoretical approach creates a new strategy for spatial empirics. Using the correct observables, the model shows that geographic forces can be taken into account without being directly estimated; establishment and employment density emerge as sufficient statistics for all geographic forces. I present two applications. First, the model can be used to evaluate whether geographic linkages matter and when simplified models suffice: the mono-centric model is a good fit for business services firms but cannot capture the geography of manufactures. Second, the model generates reduced-form tests that distinguish between spillovers and firm sorting and finds evidence of sorting.View Full Paper PDF
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Working PaperRedistribution of Local Labor Market Shocks through Firms' Internal Networks
January 2017
Working Paper Number:
CES-17-03
Local labor market shocks are difficult to insure against. Using confidential micro data from the U.S. Census Bureau's Longitudinal Business Database, we document that firms redistribute the employment impacts of local demand shocks across regions through their internal networks of establishments. During the Great Recession, the massive decline in house prices caused a sharp drop in consumer demand, leading to large employment losses in the non-tradable sector. Consistent with firms smoothing out the impacts of these shocks across regions, we find large elasticities of non-tradable establishment-level employment with respect to house prices in other counties in which the firm has establishments. At the same time, establishments of firms with larger regional networks exhibit lower employment elasticities with respect to local house prices in the establishment's own county. To account for general equilibrium adjustments, we aggregate non-tradable employment at the county level. Similar to what we found at the establishment level, we find that non-tradable county-level employment responds strongly to local demand shocks in other counties linked through firms' internal networks. These results are not driven by direct demand spillovers from nearby counties, common shocks to house prices, or local demand shocks affecting non-tradable employment in distant counties indirectly via the trade channel. Our results suggest that firms play an important role in the extent to which local labor market risks areshared across regions.View Full Paper PDF
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Working PaperSmall Business Growth and Failure during the Great Recession: The Role of House Prices, Race & Gender
November 2016
Working Paper Number:
carra-2016-08
Using 2002-2011 data from the Longitudinal Business Database linked to the 2002 and 2007 Survey of Business Owners, this paper explores whether (through a collateral channel) the rise in home prices over the early 2000's and their subsequent fall associated with the Great Recession had differential impacts on business performance across owner race, ethnicity and gender. We find that the employment growth rate of minority-owned firms, particularly black and Hispanic-owned firms, is more sensitive to changes in house prices than is that of their nonminority-owned counterparts.View Full Paper PDF
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Working PaperThe Effect of Low-Income Housing on Neighborhood Mobility: Evidence from Linked Micro-Data
May 2016
Working Paper Number:
carra-2016-02
While subsidized low-income housing construction provides affordable living conditions for poor households, many observers worry that building low-income housing in poor communities induces individuals to move to poor neighborhoods. We examine this issue using detailed, nationally representative microdata constructed from linked decennial censuses. Our analysis exploits exogenous variation in low-income housing supply induced by program eligibility rules for Low-Income Housing Tax Credits to estimate the effect of subsidized housing on neighborhood mobility patterns. The results indicate little evidence to suggest a causal effect of additional low-income housing construction on the characteristics of neighborhoods to which households move. This result is true for households across the income distribution, and supports the hypothesis that subsidized housing provides affordable living conditions without encouraging households to move to less-affluent neighborhoods than they would have otherwise.View Full Paper PDF