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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: In Search of Labor Demand (David Green and Benjamin Sand)\nAbstract:\n Thi
 s paper explores the estimation of an aggregate elasticity of labor demand 
 when both the presence of search frictions and the role of entrepreneurs in
  new firm creation are taken into account. Using city-industry variation ov
 er four decades, we estimate a (long run) wage elasticity of employment dem
 and to be close to -1 at the industry-city level and -0.3 at the city level
 . Our estimates highlight the importance of treating entrepreneurship 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 employment.\n
DTSTAMP:20260406T024415Z
DTSTART:20170526T130000Z
DTEND:20170526T140000Z
SEQUENCE:0
TRANSP:OPAQUE
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