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DESCRIPTION:Ferdinando Monte on Commuting\, Migration and Local Employment 
 ElasticitiesFerdinando Monte\, Georgetown UniversityMany\nchanges in the e
 conomic environment are local\, including policy changes and\ninfrastructu
 re investments. The effect of these changes depends crucially on\nthe abil
 ity of factors to move in response. Therefore\, a key object of interest\n
 for policy evaluation and design is the elasticity of local employment to 
 these\nchanges in the economic environment. We develop a quantitative gene
 ral\nequilibrium model that incorporates spatial linkages between location
 s in goods\nmarkets (trade) and factor markets (commuting and migration). 
 We find\nsubstantial heterogeneity across locations in local employment el
 asticities. We\nshow that this heterogeneity can be well explained with th
 eoretically motivated\nmeasures of commuting flows.\n\n\n\nFerdinando\nMon
 te is\nAssistant Professor in Economics at Georgetown University\, McDonou
 gh School of\nBusiness. His research focuses on the interplay between inte
 rnational trade\,\nlabor markets\, and the microeconomics of the firm. His
  work has been published\nin the Journal of Political Economy and the Jour
 nal of International Economics.\nHe holds a PhD from the University of Chi
 cago.Sponsored by Trade Development and Political Economy and the Moynihan
  Institute of Global Affairs 
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SUMMARY:TDPE presents: Ferdinando Monte
UID:RFCALITEM639142410981537182
X-ALT-DESC;FMTTYPE=text/html:<p><b>Ferdinando Monte on Commuting\, Migratio
 n and Local Employment Elasticities</b></p><p><i>Ferdinando Monte\, George
 town University</i></p>Many\nchanges in the economic environment are local
 \, including policy changes and\ninfrastructure investments. The effect of
  these changes depends crucially on\nthe ability of factors to move in res
 ponse. Therefore\, a key object of interest\nfor policy evaluation and des
 ign is the elasticity of local employment to these\nchanges in the economi
 c environment. We develop a quantitative general\nequilibrium model that i
 ncorporates spatial linkages between locations in goods\nmarkets (trade) a
 nd factor markets (commuting and migration). We find\nsubstantial heteroge
 neity across locations in local employment elasticities. We\nshow that thi
 s heterogeneity can be well explained with theoretically motivated\nmeasur
 es of commuting flows.<p>\n\n</p><p></p><p>\n\n</p><p>Ferdinando\nMonte is
 \nAssistant Professor in Economics at Georgetown University\, McDonough Sc
 hool of\nBusiness. His research focuses on the interplay between internati
 onal trade\,\nlabor markets\, and the microeconomics of the firm. His work
  has been published\nin the Journal of Political Economy and the Journal o
 f International Economics.\nHe holds a PhD from the University of Chicago.
 </p><p><i>Sponsored by Trade Development and Political Economy and the Moy
 nihan Institute of Global Affairs</i></p><p> </p>
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