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  • Title: The regional labor market adjustment process: determinants of changes in rates of labor force participation, unemployment, and migration.
    Author: Chalmers JA, Greenwood MJ.
    Journal: Ann Reg Sci; 1985 Mar; 19(1):1-17. PubMed ID: 12313678.
    Abstract:
    "The objective of this paper is to better understand the manner in which the supply of labor in a regional economy adjusts to changing labor demand. The principal response mechanisms include changed rates of labor force participation, changed unemployment rates, and migration....[Following a review of] the relevant literature...the simultaneous relationships among participation, unemployment, employment, and migration are formally recognized in a 10-equation model of the regional labor market adjustment process. The model is estimated for a sample of about 350 U.S. counties over the period 1960 to 1970."
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