Arbeitspapier

Identifying regional labor demand shocks using sign restrictions

We propose using sign restrictions to identify regional labor demand shocks in a panel VAR of US federal states. Observed migration responds significantly, but less persistently than the residual-based migration measure constructed by Blanchard and Katz (1992).

Language
Englisch

Bibliographic citation
Series: IZA Discussion Papers ; No. 6767

Classification
Wirtschaft
Employment; Unemployment; Wages; Intergenerational Income Distribution; Aggregate Human Capital; Aggregate Labor Productivity
Regional Economic Activity: Growth, Development, Environmental Issues, and Changes
Multiple or Simultaneous Equation Models: Panel Data Models; Spatio-temporal Models
Multiple or Simultaneous Equation Models: Time-Series Models; Dynamic Quantile Regressions; Dynamic Treatment Effect Models; Diffusion Processes; State Space Models
Subject
regional labor markets
migration
panel VAR
sign restrictions
Arbeitsnachfrage
Schock
Regionaler Arbeitsmarkt
Binnenwanderung
Schätzung
USA

Event
Geistige Schöpfung
(who)
Juessen, Falko
Linnemann, Ludger
Event
Veröffentlichung
(who)
Institute for the Study of Labor (IZA)
(where)
Bonn
(when)
2012

Handle
Last update
12.07.2024, 1:20 PM CEST

Object type

  • Arbeitspapier

Associated

  • Juessen, Falko
  • Linnemann, Ludger
  • Institute for the Study of Labor (IZA)

Time of origin

  • 2012

Other Objects (12)