Revisiting the macroeconomic effects of labor reallocation

被引:0
|
作者
Gkiourkas, Emmanouil [1 ]
Panagiotidis, Theodore [1 ,2 ]
Pelloni, Gianluigi [2 ,3 ]
机构
[1] Univ Macedonia, Dept Econ, Thessaloniki, Greece
[2] RCEA, Waterloo, ON, Canada
[3] Wilfrid Laurier Univ, Dept Econ, Waterloo, ON, Canada
关键词
Labor reallocation; Unemployment; Sectoral shifts; IMPULSE RESPONSES; JOB CREATION; DESTRUCTION;
D O I
10.1016/j.econlet.2017.06.036
中图分类号
F [经济];
学科分类号
02 ;
摘要
We revisit the macroeconomic effects of labor reallocation within the framework of Campbell and Kuttner (1996). We re-estimate their model, update the sample, and employ generalized and local impulse, response functions. We confirm that total employment responses to reallocation shocks remain significant. (C) 2017 Elsevier B.V. All rights reserved.
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页码:88 / 93
页数:6
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