Regional Labor Market Response to Macroeconomic Shocks: A Look at Great Britain, Japan and the United States

在这个项目中，PI计划研究日本、英国和美国的地区劳动力市场及其对宏观经济冲击的反应。他首先计划调查实际工资、失业率或移民率的调整，以应对冲击。通过在同一国家内的不同地区进行比较，将缓解影响劳动力市场行为的文化和制度因素的影响。分析的第二部分将试图揭示这些反应模式差异的原因。PI将通过检查工会、住房市场、行业结构、教育或技能差异和其他因素的作用，对地区差异的原因进行一些初步测试。在挑选出哪个假说似乎最有希望之后，他打算制定一个完整的建议，并测试一个理论模型，以解释为什么地区市场对这些冲击的反应可能不同。这位研究人员计划将这项工作与目前对效率工资和劳动力市场内部-外部模型的研究联系起来，这些模型已被用来解释总失业率和实际工资变动。

In this project, the PI plans to examine regional labor markets in Japan, Great Britain and the United States and their response to macroeconomic shocks. He first plans to investigate adjustment of real wages, unemployment or migration rates in response to shocks. The effect of cultural and institutional factors that has an impact on labor market behavior will be mitigated by doing comparisons across regions within the same country. The second part of the analysis will be an attempt to cast some light on the causes of these differences in response patterns. The PI will conduct some preliminary tests for the causes of the regional differentials by examining the roles of unions, housing markets, industry structure, education or skill differentials and other factors. After isolating which hypothesis appear to be most promising, he intends to develop a full proposal and test a theoretical model about why regional markets may vary in their responses to these shocks. The investigator plans to link this work to current research on efficiency wages and insider-outsider models of the labor market which have been used to explain aggregate unemployment and real wage movements.