ABOUT THE SEMINAR

"The New Geography of Jobs"
Enrico Moretti, Professor of Economics, UC Berkeley

Wednesday, April 17, 12:00-1:15 pm. 
Venue: McClelland Building, Room M109 - Stanford Graduate School of Business.

As part of a seminar series hosted by SPRIE's Silicon Valley Project, Enrico Moretti, UC Berkeley Professor of Economics, will share findings from his recent work, The New Geography of Jobs, described by Forbes as "easily the most important read of 2012." He will discuss the tectonic shifts that are reshaping America’s labor market—from globalization and income inequality to immigration and technological progress, including their implications for Silicon Valley.

More specifically, he will discuss his hypothesis that America’s new economic map shows growing differences between communities in the US dominated by manufacturing and innovation, which have been growing apart at an accelerating rate. This divergence is one the most important recent developments in the United States and is causing growing geographic disparities in other aspects of our lives, from health and longevity to family stability and political engagement. Professor Moretti will also discuss the ramifications of this findings on jobs, such as a multiplier effect by which each new job created in one sector results in the creation of new jobs in other sectors. He found that "the innovation sector has the largest multiplier of all: about three times larger than that of manufacturing."

This talk is part of a seminar series hosted by the Silicon Valley Project at Stanford Program on Regions of Innovation and Entrepreneurship.

ABOUT THE SPEAKER

Enrico Moretti is Professor of Economics at the University of California, Berkeley where he holds the Michael Peevey and Donald Vial Career Development Chair in Labor Economics. He is the Director of the Infrastructure and Urbanization Program at the International Growth Centre (London School of Economics and Oxford University). He is also a Research Associate at the National Bureau of Economic Research (Cambridge), and a Research Fellow at the Centre for Economic Policy Research (London) and at the Institute for the Study of Labor (Bonn).  His research interests include Labor Economics, Urban Economics and Applied Econometrics. 

His new book, THE NEW GEOGRAPHY OF JOBS, is now available in bookstores.