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
Abstract:
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)
Date: 2017-06-01, Revised 2017-06-01
New Economics Papers: this item is included in nep-mac
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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