Revisiting the Macroeconomic Effects of Labor Reallocation
Emmanouil Gkiourkas, Theodore Panagiotidis, Gianluigi Pelloni ()
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Emmanouil Gkiourkas, Theodore Panagiotidis, Gianluigi Pelloni: Wilfrid Laurier University
Authors registered in the RePEc Author Service: Theodore Panagiotidis () and
Gianluigi Pelloni ()
LCERPA Working Papers from Laurier Centre for Economic Research and Policy Analysis
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.
Keywords: labor reallocation; unemployment; sectoral shifts (search for similar items in EconPapers)
JEL-codes: C32 C50 E24 (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-mac
Date: 2017-06-01, Revised 2017-06-01
Note: LCERPA Working Paper No. 2017-5
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Journal Article: Revisiting the macroeconomic effects of labor reallocation (2017)
Working Paper: Revisiting the macroeconomic effects of labor reallocation (2017)
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Persistent link: https://EconPapers.repec.org/RePEc:wlu:lcerpa:0102
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