We document a robust set of facts on spatial differences in unemployment, vacancies, and job filling, finding, and separation rates, and develop a theory of the geography of labor market dynamics.

This paper provides estimates of a log-linear tax function across countries and time.

China experienced a considerably larger intercohort human capital growth and increase in human capital rental price, but lower life-cycle human capital accumulation, compared to the United States.

Employers with a more coordinated work process are more productive, pay higher wages, and experience lower worker turnover, but suffer more severe negative consequences from unexpected worker absences and adopt various strategies to mitigate such risk.