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BEGIN:VEVENT
UID:2fb1dc960b610b46b4361f38a41e4967
CATEGORIES:Seminars
CREATED:20180413T092505
SUMMARY:Lunch Seminar: Jean Flemming  - University of Oxford
DESCRIPTION;ENCODING=QUOTED-PRINTABLE:<p><strong><span style="font-size: 11pt; font-family: 'Calibri','sans-serif
 ';">Costly Commuting and the Job Ladder</span></strong></p><p style="margin
 -bottom: 0.0001pt; text-align: justify;"><strong><span style="font-size: 11
 pt; font-family: 'Calibri','sans-serif';">Abstract:</span></strong></p><p s
 tyle="margin-top: 0cm; text-align: justify;"><span style="font-size: 11pt; 
 font-family: 'Calibri','sans-serif';">I study the interaction between commu
 ting and employment in the data and within a spatial model of on-the-job se
 arch. I document the correlation between commuting time, job-to-job transit
 ions, and earnings empirically. The theoretical model features a labor mark
 et in which individuals must commute in order to work, explicitly taking in
 to account the distributions across space and employment states. Wages and 
 rent are jointly determined endogenously, giving rise to sorting across job
 s and space. The rate of job-to-job transitions and wage gains within and b
 etween jobs depend crucially on the spatial elements of the model.  The cal
 ibrated model quantifies the costs of commuting on individual wage profiles
  and aggregate labor market outcomes.  Counterfactual analysis shows that d
 eclines in commuting costs accompanying the rise of working remotely affect
  location choices and wage growth at the individual level, and employment, 
 rent, and output in the aggregate.</span></p>
DTSTAMP:20260405T223942Z
DTSTART:20180420T130000Z
DTEND:20180420T140000Z
SEQUENCE:0
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