{"id":7506,"date":"2022-06-27T13:17:29","date_gmt":"2022-06-27T18:17:29","guid":{"rendered":"https:\/\/sitios.udla.edu.ec\/econometria\/?post_type=ajde_events&p=7506"},"modified":"2022-08-08T10:32:38","modified_gmt":"2022-08-08T15:32:38","slug":"urban-transit-infraestructure-spatial-mismatch-and-labor-market-power","status":"publish","type":"ajde_events","link":"https:\/\/sitios.udla.edu.ec\/econometria\/events\/urban-transit-infraestructure-spatial-mismatch-and-labor-market-power\/","title":{"rendered":"Urban Transit Infraestructure: Spatial Mismatch and Labor Market Power"},"content":{"rendered":"\n
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Felipe Vial Lecaros<\/strong>
PhD UC Berkeley<\/strong><\/p>\n<\/div>\n<\/div>\n\n\n\n

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Abstract:<\/strong> Does transit infrastructure reduce labor market power? This paper estimates the effects of a large subway expansion on local labor market outcomes in Santiago, Chile. Using a linked employer-employee dataset with spatial information on workers and firms, we estimate the effects of the network expansion on the most-affected workers and firms through a reduced-form analysis. We find changes in work locations and wages consistent with a reduction in firms\u2019 labor market power around areas that were connected to the subway network after the expansion. We then lay out a quantitative spatial equilibrium model where firms behave as oligopsonies in the labor market to calculate the welfare gains from the transit infrastructure expansion. Our model allows us to decompose the welfare gains into: i) the efficiency gains through improved matching between workers and firms, and ii) the gains from reduced factor misallocation. The model also provides a framework to analyze the distributional implications of reduced labor market power for workers and firms.<\/p>\n<\/div>\n<\/div>\n","protected":false},"author":1,"featured_media":-1,"menu_order":0,"template":"","meta":{"_acf_changed":false},"tags":[],"event_type":[76],"event_type_2":[],"class_list":["post-7506","ajde_events","type-ajde_events","status-publish","has-post-thumbnail","hentry","event_speaker-felipe-vial-lecaros-phd-c-uc-berkeley","event_type-76"],"acf":[],"yoast_head":"\nUrban Transit Infraestructure: Spatial Mismatch and Labor Market Power - Econometr\u00eda<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/sitios.udla.edu.ec\/econometria\/events\/urban-transit-infraestructure-spatial-mismatch-and-labor-market-power\/\" \/>\n<meta property=\"og:locale\" content=\"es_ES\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Urban Transit Infraestructure: Spatial Mismatch and Labor Market Power - Econometr\u00eda\" \/>\n<meta property=\"og:description\" content=\"Felipe Vial LecarosPhD UC Berkeley Abstract: Does transit infrastructure reduce labor market power? 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