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BEGIN:VEVENT
UID:e5b4cf6aafbba07306ef2fbe5a7a1e49
CATEGORIES:Seminars
CREATED:20180327T105451
SUMMARY:Lunch Seminar: Paul Beaudry - Vancouver School of Economics, UBC
DESCRIPTION;ENCODING=QUOTED-PRINTABLE:<p style="text-align: justify;"><strong> In Search of Labor Demand</strong>
  (David Green and Benjamin Sand)</p><p style="text-align: justify;">Abstrac
 t:<br /> This paper explores the estimation of an aggregate elasticity of l
 abor demand when both the presence of search frictions and the role of entr
 epreneurs in new firm creation are taken into account. Using city-industry 
 variation over four decades, we estimate a (long run) wage elasticity of em
 ployment demand to be close to -1 at the industry-city level and -0.3 at th
 e city level. Our estimates highlight the importance of treating entreprene
 urship as a scarce factor in the determination of labor demand. We use our 
 estimates to evaluate the impact of large changes in the minimum wage on em
 ployment.</p>
DTSTAMP:20260406T023943Z
DTSTART:20170526T130000Z
DTEND:20170526T140000Z
SEQUENCE:0
TRANSP:OPAQUE
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