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
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
migration
panel VAR
sign restrictions
Arbeitsnachfrage
Schock
Regionaler Arbeitsmarkt
Binnenwanderung
Schätzung
USA
Linnemann, Ludger
- 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