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Local shocks in labor markets: competition and information flow among peers

dc.contributor.authorBerniell, Lucila
dc.contributor.authorde la Mata, Dolores
dc.contributor.authorJuncosa, Federico
dc.coverage.spatialAmérica Latina y el Caribees_ES
dc.coverage.spatialArgentinaes_ES
dc.date.accessioned2020-12-16T18:14:38Z
dc.date.available2020-12-16T18:14:38Z
dc.date.issued2020-12-16
dc.identifier.citationBerniell, L., de la Mata, D., & Juncosa, F. (2020, December 16). Local externalities in labor markets: congestion and information flow among peers. Caracas: CAF. Retrieved from https://scioteca.caf.com/handle/123456789/1671en_GB
dc.identifier.urihttps://scioteca.caf.com/handle/123456789/1671
dc.description.tableofcontentsWe present causal evidence of the effect of local labor supply shocks on labor outcomes of young job seekers in a developing country. We study a large-scale internship program in Argentina that randomly alters job seekers’ local labor environment. Exposure to areas with high program saturation results in adverse effects on labor market outcomes following program completion, while having a nearby individual who participated in the program improves labor outcomes. These results are compatible with the coexistence of a mechanism of transmission of valuable labor market information among peers and a competition mechanism.
dc.description.tableofcontentsKeywords: Local labor market shocks, Labor market frictions, Spacial frictions, Information frictions, Networks, Externalities, Displacement effects
dc.language.isoenes_ES
dc.publisherCAFes_ES
dc.subjectBanca de desarrolloes_ES
dc.subjectDesarrolloes_ES
dc.subjectDesempleoes_ES
dc.subjectEconomíaes_ES
dc.subjectEducaciónes_ES
dc.subjectHabilidades y destrezases_ES
dc.subjectInvestigación socioeconómicaes_ES
dc.subjectJóveneses_ES
dc.subjectPolíticas públicases_ES
dc.subjectSector académicoes_ES
dc.titleLocal shocks in labor markets: competition and information flow among peers
dc.typeworkingPaperes_ES
dc.publisher.cityCaracases_ES


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