TY  - RPRT
        AU  - Picard, Pierre M.
AU  - Wildasin, David
        TI  - Labor Market Pooling, Outsourcing and Labor Contracts
        PY  - 2009/Aug/
        PB  - Institute of Labor Economics (IZA)
        CY  - Bonn
        T2  - IZA Discussion Paper
        IS  - 4357
        UR  - https://www.iza.org/index.php/publications/dp4357
        AB  - Economic regions, such as urban agglomerations, face external demand and price shocks that produce income risk. Workers in large and diversified agglomerations may benefit from reduced wage volatility, while firms may outsource the production of intermediate goods and realize benefits from Chamberlinian externalities. Firms may also protect workers from wage risks through fixed wage contracts. This paper explores the relationships between firms' risks, workers' contracts, and the structure of production in cities.
        KW  - labor contracts
KW  - Chamberlinian externalities
KW  - labor market
        ER  -