Library Header Image
LSE Research Online LSE Library Services

Externalities in the matching of workers and firms in Britain

Burgess, Simon and Profit, Stefan (2001) Externalities in the matching of workers and firms in Britain. CEPDP, 490. Centre for Economic Performance, London School of Economics and Political Science, London, UK. ISBN 0753014645

Download (106kB) | Preview


We provide empirical evidence on the nature of spatial externalities in a matching model for the UK. We use a monthly panel of outflows, unemployment and vacancy stocks data from the registers at Jobcentres in the UK; these are mapped on to travel-to-work areas. We find evidence of significant spill-over effects that are generally in line with the predictions of theory. For example, we find that conditional on local labour market conditions, high unemployment levels in neighbouring areas raise the number of local filled vacancies but lower the local outflow from unemployment.

Item Type: Monograph (Discussion Paper)
Official URL:
Additional Information: © 2001 the authors
Subjects: H Social Sciences > HD Industries. Land use. Labor
JEL classification: J - Labor and Demographic Economics > J6 - Mobility, Unemployment, and Vacancies > J64 - Unemployment: Models, Duration, Incidence, and Job Search
E - Macroeconomics and Monetary Economics > E2 - Consumption, Saving, Production, Employment, and Investment > E24 - Macroeconomics: Employment; Unemployment; Wages; Intergenerational Income Distribution (includes wage indexation)
Sets: Collections > Economists Online
Research centres and groups > Centre for Economic Performance (CEP)
Date Deposited: 29 Jul 2008 15:58
Last Modified: 01 Oct 2010 09:14

Actions (login required)

View Item View Item


Downloads per month over past year

View more statistics