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  • 6.1 Documentos de trabajo en investigación socioeconómica
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Local externalities in labor markets: congestion and information flow among peers

Abstract
We explore local externalities in labor markets, exploiting the random assignment of a large-scale internship program in Argentina. Examining the probability of registered employment in the 12 months after the program, we find that applicants are affected by two opposing external effects: those whose closest applicant received the internship have an employment rate 1.8 percentage points higher than the neighbors of non-beneficiary applicants, while those who face the top decile of program saturation in their neighborhood show an employment rate 2.98 percentage points lower than those in the first decile.
Subject
Banca de desarrollo | Desarrollo | Desempleo | Economía | Educación | Habilidades y destrezas | Investigación socioeconómica | Jóvenes | Políticas públicas | Sector académico
 
Country / Region
América Latina y el Caribe
Argentina
 
URI
https://scioteca.caf.com/handle/123456789/1671
Date
2020-12-16
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Local externalities in labor markets: congestion and information flow among peers (5.237Mb)
Author
Berniell, Lucila
de la Mata, Dolores
Juncosa, Federico
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