Worker turnover, industry localization, and producer size
By: by Christopher H. Wheeler.
Series: Working paper ;; 2004-021A; Working paper (Federal Reserve Bank of St. Louis : Online) ;; 2004-021A.
Publisher: Federal Reserve Bank of St. Louis
Published: 2004
Place of publication: [St. Louis, Mo.]
Language: eng
Format: Electronic resource
Subjects: Labor turnover.; Industrial location.; Industries -- Size.
Description: "Empirically, large employers have been shown to devote greater resources to filling vacancies than small employers.  Following this evidence, this paper offers a theory of producer size based on labor market search, whereby a key factor in the determination of producer's total employment is the ease with which workers can be found to fill jobs that are, periodically, vacated.  Since the geographic localization of industry has long been conjectured to facilitate the search process, the model provides an explanation for the observed positive association between average producer size and the magnitude of an industry's presence within local labor markets"--Federal Reserve Bank of St. Louis web site.
Notes: Also available in print.
Includes bibliographical references.
Title from PDF file as viewed on 10/27/2004.
System requirements: Adobe Acrobat Reader.
Mode of access: World Wide Web.