Showing 1 - 10 of 185
This paper critically appraises the approaches that have characterized the literature on the macroeconomic effects of job reallocations. Since Lilien's (1982) seminal contribution there has been a flourishing of empirical analysis but no unifying theoretical framework has obtained consensus in...
Persistent link: https://www.econbiz.de/10011651789
This paper critically appraises the di erent approaches that have characterized the literature on the macroeconomic e ects of job reallocations from Lilien's seminal work to recent developments rooted in structural general equilibrium models, nonlinear econometric techniques and the concepts of...
Persistent link: https://www.econbiz.de/10005091077
This paper critically appraises the approaches that have characterized the literature on the macroeconomic effects of job reallocations. Since Lilien's (1982) seminal contribution there has been a flourishing of empirical analysis but no unifying theoretical framework has obtained consensus in...
Persistent link: https://www.econbiz.de/10010686242
Persistent link: https://www.econbiz.de/10001511467
This paper critically appraises the approaches that have characterized the literature on the macroeconomic effects of job reallocations. Since Lilien's (1982) seminal contribution there has been a flourishing of empirical analysis but no unifying theoretical framework has obtained consensus in...
Persistent link: https://www.econbiz.de/10011730893
This paper critically appraises the approaches that have characterized the literature on the macroeconomic effects of job reallocations. Since Lilien's (1982) seminal contribution there has been a flourishing of empirical analysis but no unifying theoretical framework has obtained consensus in...
Persistent link: https://www.econbiz.de/10013078414
Persistent link: https://www.econbiz.de/10013557073
In this article a VAR-GARCH-M model for aggregate employment and employment shares is developed in order to explore the macroeconomic effects of sectoral shocks. Using US, UK and German quarterly data sets, the model is estimated and tested against alternative specifications. Three main issues...
Persistent link: https://www.econbiz.de/10005537583
This study revisits Lilien’s sectoral shifts hypothesis for the US. We employ quantile regression estimation in order to investigate the asymmetric nature of the relationship between sectoral employment and unemployment. Significant asymmetries emerge. Lilien’s dispersion index is...
Persistent link: https://www.econbiz.de/10011211428
This study revisits Lilien’s sectoral shifts hypothesis for the US. We employ quantile regression estimation in order to investigate the asymmetric nature of the relationship between sectoral employment and unemployment. Significant asymmetries emerge. Lilien’s dispersion index is...
Persistent link: https://www.econbiz.de/10010774567