Employment Reallocation and Unemployment Revisited: A Quantile Regression Approach

Theodore Panagiotidis and Gianluigi Pelloni

Working Papers from Dipartimento Scienze Economiche, Universita' di Bologna

Abstract: This study revisits the sectoral shifts hypothesis for the US for the period 1948 to 2011. A quantile regression approach is employed in order 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 low levels suggesting that reallocation affects unemployment only when the latter is high. More job reallocation is associated with higher unemployment.

JEL-codes: C22 C50 E24 (search for similar items in EconPapers)
Date: 2013-05
New Economics Papers: this item is included in nep-lab and nep-ltv
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (4)

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Related works:
Working Paper: Employment Reallocation and Unemployment Revisited: A Quantile Regression Approach (2014)
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Persistent link: https://EconPapers.repec.org/RePEc:bol:bodewp:wp881

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