Wage and Employment Adjustment in Local Labor Markets
Eberts and Stone have created dynamic models of labor supply and demand behavior for metropolitan labor markets. They use these models to simulate wage, employment, and personal income responses to local economic change, including changes brought about by governmental policy.
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LABOR MARKET ISSUES; Job security and unemployment dynamics; ECONOMIC DEVELOPMENT; Local labor markets; Regional policy and planning; Urban issues
Eberts, Randall W., and Joe A. Stone. 1992. Wage and Employment Adjustment in Local Labor Markets. Kalamazoo, MI: W.E. Upjohn Institute for Employment Research.