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LOCAL LABOR MARKETS (2) answer(s).
 
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1
ID:   175507


Employment Dynamics in Local Labor Markets: Evidence from U.S. Post Cold War Base Closures / Nickelsburg, Jerry   Journal Article
Nickelsburg, Jerry Journal Article
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Summary/Abstract Local labor market adjustment to exogenous demand changes is studied in the context of the closure of U.S. military bases between 1991 and 1999. This post Cold War episode provides for a natural experiment with evidence to inform policy on the labor market impact of defense spending cycles. The results are consistent with both search and declining sector wage rigidity increasing adjustment costs and are generally not consistent with market intervention theories of long duration unemployment.
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2
ID:   129491


Impact of the unemployment rate on attrition of first-term enli / Arkes, Jeremy; Mehay, Stephen   Journal Article
Arkes, Jeremy Journal Article
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Publication 2014.
Summary/Abstract This study examines the effects of home-state unemployment rates on attrition behavior of Navy enlistees for successive career windows during the first term of service: the first 6?months, the second 6?months, the second year, and the third year of service. The results indicate that attrition is negatively associated with changes in the local unemployment rate during the first three career windows covering two years of service. However, after two years of service, the estimated effect of the unemployment rate becomes insignificant for most groups of sailors. This is likely because sailors with the poorest job matches are sorted out early in the first term of service.
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