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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)
Persistent link: https://www.econbiz.de/10013099800
This paper uses nonparametric techniques to study GDP convergence across German labor market regions and counties … during the period 1992-2004. The main result is that regional convergence in unified Germany has been substantial. In the …
Persistent link: https://www.econbiz.de/10013159511