unemployment. Significant asymmetries emerge. Lilien's dispersion index is significant only for relatively high levels of … unemployment and becomes insignificant for low levels suggesting that reallocation affects unemployment only when the latter is … high. More job reallocation is associated with higher unemployment. …

stochastic volatility model of sectoral employment growth. Reallocative shocks have no effect on the natural rate of unemployment … the rise in trend unemployment in Germany in the 1980s or for a possible rise in trend unemployment in the United States …

measure construction and technology busts) have little effect on the natural rate of unemployment or on long run productivity … of unemployment and can count for a 0.5% rise in cyclical unemployment from 2007 through the end of 2009 and 0.3% through …

responsible for a substantial fraction of the variation in unemployment. The main purpose of this paper is to test the Lillien … hypothesis that sectoral shifts in employment are also responsible for fluctuations in aggregate unemployment for the Turkish … economy. The long run relationship between sectoral shifts, as measured by Lillien index, and unemployment along with the …

to investigate the asymmetric nature of the relationship between sectoral employment and unemployment. Significant … asymmetries emerge. Lilien’s dispersion index is significant only for relatively high levels of unemployment and becomes … insignificant for lower levels suggesting that reallocation affects unemployment only when the latter is relative high. More job …

This paper re-examines Lilien’s sectoral shifts hypothesis for U.S. unemployment. We employ a monthly panel that spans … stationarity of unemployment. Within a framework that takes into account dynamics, parameter heterogeneity and cross …

other industrial sectors, in agriculture, and in services, as well as unemployment and non-participation in the labor force …