Geography and Employer Recruiting

Research output: Working paper

Abstract

I analyze whether reducing geographic distance to high-wage jobs increases access to those employment opportunities. I collect office locations and campus recruiting strategies for over 70 prestigious banking and consulting firms, from 2000 to 2013. Using an event-study framework, I find firms are 2 times more likely to recruit at local universities after opening a nearby office, and 6 times more likely outside industry clusters. New target campuses outside industry clusters are less academically selective. The results suggest place-based policies may improve access to high-wage firms, and also suggest the importance of a university's local labor market for post-graduation outcomes.
Original languageEnglish (US)
StatePublished - Dec 27 2017

Publication series

NameIZA Discussion Paper
No.11224

Keywords

  • employer recruiting
  • local labor markets
  • returns to college

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